Hulu offered $1 Billion by 3 Companies

Hulu video streaming service currently owned by News Corp and Walt Disney Co, has three offers on the table to be bought out by DirecTV and two other companies for more than a billion dollars. This isn’t quite as big as Yahoo’s acquisition of Tumblr, Hulu has four million subscribers and brings in $700 million annually.

HuluIn addition to the three offers for over a billion, Hulu board members are considering four other offers that are under a billion. The high offers suggest that News Corp and Walt Disney Co will finally accept an offer. Back in 2011 they were their own worst enemies, refusing to accept anything because they felt the offers weren’t enough.

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