Monday, August 22, 2011

Hulu Could Be Bought for $2B

Hulu Could Be Bought for $2B

It has been rumored for some time that Hulu was looking for a new owner. However, the valuation and potential buyers are still a hot topic. Although we won't know for sure until someone actually signs a deal, the Wall Street Journal speculates that Hulu could be worth $500M to $2B (quite a range…). Of course, it is more likely that a big company buys Hulu, which has been profitable for some time. Candidates could be Amazon, Microsoft, and other heavy weight contenders.What would it mean for Hulu users? Most likely: nothing bad.

Ubergizmo, Hulu Could Be Bought for $2B

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