Both CNBC and Wall Street journal reporters have sources telling them Hulu received an offer to be bought out, and now they’re considering it. The main consequence of such a sale would would revolve around network and cable television content on the site.
Hulu is co-owned by Disney, News Corp and NBC, who run the ABC, FOX and, um, NBC networks, respectively. There’s been a considerable amount of tension between Hulu’s management and it’s owners over the last couple of years, and such a split seems bad on the surface, because it could free the network owners from having any obligation to stream content on the site.
https://gizmodo.com/the-most-entertaining-thing-on-hulu-is-the-in-fighting-5750936
On the other hand, networks might also be able negotiate more lucrative contracts with Hulu that they couldn’t necessarily hammer out with a vested interest in the company. Imagine Community actually streaming on Hulu Plus. Or maybe Hulu morphs into more of an online Cable operator?
https://gizmodo.com/how-hulu-lost-its-place-in-a-netflix-world-5744768
Either way, this is a story that’s developing as we speak, so we’re certain to find out more in the next day or two. Stay tuned. [Julia Boorstein and Anupreeta Das via Business Insider]
