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.
1 HR34-700, 1 C31-700, 1 C41W-100, 1 WVBR0-01, 1 HR24-500
Original install on Apr. 20, 2008 - C41W & WVB self installed on Dec. 27, 2014 - HR34 & C31 installed on Aug. 24, 2013 - HR24 installed on July 23, 2010
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