1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. Welcome to the new DBSTalk community platform. We have recently migrated to a community platform called Xenfono and hope you will find this change to your liking. There are some differences, but for the most part, if you just post and read, that will all be the same. If you have questions, please post them in the Forum Support area. Thanks!

Update: Hulu Deadline for Final Bids Arrives: Keep an Eye on DirecTV

Discussion in 'News' started by Athlon646464, Jul 6, 2013.

Thread Status:
Not open for further replies.
  1. Athlon646464

    Athlon646464 Gold Members DBSTalk Gold Club

    3,045
    66
    Feb 23, 2007
    Uxbridge, MA
    Update: Hulu Deadline for Final Bids Arrives: Keep an Eye on DirecTV

    Hulu and its corporate parents are accepting final bids for the online video service on Friday, and according to several individuals close to the process the field has whittled down to three companies: Guggenheim Digital Media, Chernin Entertainment/AT&T and DirecTV.

    But keep your eye on DirecTV.

    Here's why: Chernin is bidding with AT&T, but the telecom giant is driving that bid, according to one knowledgeable individual. Hulu management is apparently wary of being owned by AT&T.

    Observers of the M&A landscape are skeptical that Guggenheim has the intention to step up to the desired $1 billion selling price.

    That leaves DirecTV. Buying Hulu would give the satellite service a major foothold in the digital world.

    Full Story Link & Continuing Discussion Here
     
Thread Status:
Not open for further replies.

Share This Page