Google apparently really wants to buy premium video site Hulu. According to AllThingsD, sources familiar with the situation suggest that Google is willing to spend big for Hulu, proposing an acquisition that's much larger in scale than what's been offered by the other contenders. Google also seems to be asking for a lot more than what Hulu has put on the table.
With all the stuff going on with IFA last week it was easy to miss out on some interesting developments in the streaming media world. Certainly, the two companies that most of us know in streaming media are Netflix and Hulu. Apparently the sale of Hulu has lost one of the key bidders, and honestly the one I was hoping to see come out on top. DirecTV has dropped out of the bidding after being the lowest bidder in the last round reports VentureBeat.
Hulu has been in the news lately with rumors swirling of some of the biggest names in the tech world eyeing the purchase of the video streaming site. Perhaps the most cash rich name in the rumored purchase hat is Apple. Hulu has now been accused of patent infringement by Rovi Corp. Rovi alleges that the program guide on Hulu infringes on its patents.
Netflix and Hulu are the two most popular streaming video services around. The services can be accessed on all sorts of devices from your DVR to your smartphone with a bunch of other devices in between. Nielsen has a new report on what devices people use to watch the streaming services and the results are a bit surprising to me for Netflix.
Apple is sitting on a stockpile of cash that would make Scrooge McDuck jealous. Jobs and his cohorts in Cupertino are sitting on north of $76 billion in cash and securities meaning that what Apple wants it could buy. Two sources that claim to be in the know are saying that what Apple wants it Hulu. Hulu has been pimping itself to a bunch of different companies over the last few weeks to see if anyone wants to buy.
Watching movies on-the-go for Android has been lacking compared to some of the competition. While Android has options such as Netflix that is getting updated often and Hulu, not all devices are supported and you still can't save movies to watch later. In comparison iOS users can download digital copies right from iTunes with ease across multiple devices.
Early this month we caught wind that the popular online video streaming site Hulu might be up for sale. According to sources when the story first broke Hulu had been contacting a bunch of different major players to solicit bids for a sale. Those players were said to be Amazon, AT&T, and Verizon, Liberty Media, Netflix, Microsoft, Google, Yahoo and Samsung. At least one of those major players is now said to be dropping out of the bidding.
The popular video streaming site, Hulu, is currently shopping itself around for a buyer. Preliminary talks have begun with Google, Microsoft, and Yahoo revealed last week to be on the shortlist. Insider sources today say that Amazon, AT&T, and Verizon will also be among the top picks, which include Facebook, Liberty Media, Netflix, and Samsung.
The L.A. Times reported today that insider sources have divulged that both Google and Microsoft have now begun preliminary talks to purchase Hulu. It's been reported that the online video streaming site has been shopping around for buyers, with the first suitor rumored to be Yahoo, although nothing official has been announced yet.