The first bids for video streaming site Hulu could reach as high as $US2 billion, according to a new report in the Wall Street Journal.
The report comes after separate rumours have indicated that the site is being sold, and that Google, Apple and Yahoo are among the reported bidders. Amazon is also reportedly involved.
The new report claims that the first bids are due by this Wednesday, with each proposal to vary in price depending on that bidder’s particular vision for the site.
It is expected that each bidder will have a different vision for which shows will be available and how the site will work.
ABOUT THE AUTHOR
Patrick Stafford is a freelance journalist and a former deputy editor of SmartCompany.
COMMENTS
SmartCompany is committed to hosting lively discussions. Help us keep the conversation useful, interesting and welcoming. We aim to publish comments quickly in the interest of promoting robust conversation, but we’re a small team and we deploy filters to protect against legal risk. Occasionally your comment may be held up while it is being reviewed, but we’re working as fast as we can to keep the conversation rolling.
The SmartCompany comment section is members-only content. Please subscribe to leave a comment.
The SmartCompany comment section is members-only content. Please login to leave a comment.