Hulu Not For Sale, Time Warner May Join

Posted by timothy on Sunday July 14, 2013 @12:27AM from the business-model-is-to-annoy-with-ads dept.

HighOrbit writes "Engadget reports that the consortium behind Hulu have issued a press release and have taken Hulu off the market. The current owners will maintain their joint ownership of the video streaming service. Hulu is currently a joint project of Fox, Disney (ABC), and Comcast (NBC-Universal). Instead of selling off Hulu, the consortium will inject $750 Million to grow the streaming service. Slashdot previously reported possible buyers rumored to be Yahoo, DirecTV, Time Warner Cable, and Chernin Group/AT&T. Additionally Bloomberg reports that Time Warner Cable is still interested and seeks to join the current consortium by acquiring a 25% stake."

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Re:Cable companies... by OG · 2013-07-14 01:22 · Score: 3, Informative

It also costs more for the Japanese ad-free service. From what I can tell, it's a little under $20 in Japan. It's $8 in the US with ads. If they offered a $20 ad-free in the US, I'd still probably go for the cheaper service.