hulu

Hulu’s board reportedly looking into selling the service

Hulu’s board reportedly looking into selling the service

The news isn't surprising to anyone who has been following the Hulu business saga, but word has it that Disney and News Corp. are reaching out to potential buyers to see what kind of interest there is out there for acquiring the company. The information comes from two sources who are said to be familiar with the matter, and follows soon after it was announced that Andy Forssell will be serving as acting CEO.

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Hulu announces Andy Forssell as acting CEO

Hulu announces Andy Forssell as acting CEO

We've known for quite some time now that Hulu's CEO Jason Kilar will be leaving the company, a tidbit of information that first showed up in Variety back in August 2012. Since then, more information about the departure has been revealed, but one piece of the puzzle has been missing: who will replace him. That mystery ended today with a letter posted by Kilar on Hulu's blog.

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News Corp. and Disney allegedly in talks over the future of Hulu

News Corp. and Disney allegedly in talks over the future of Hulu

According to sources, News Corp. and Disney are in talks about one of the companies possibly buying out the other to take control of Hulu, with NBC remaining the minority in the matter. Both Disney and News Corp. own about a third of Hulu each, and both are said to differ on how they feel the company should be monetized. Says the sources, these talks are in the beginning stages.

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Weekend Watching: Criterion Collection free on Hulu

Weekend Watching: Criterion Collection free on Hulu

Attention all you cinephiles out there. Erase all of your weekend plans become something amazing has happened. The Criterion Collection will be available for free on Hulu all weekend long. Granted, not all Criterion films are available, but you'll find most of them on there, including some titles that Criterion hasn't even released on DVD or Blu-ray.

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Hulu asks investors for $200 million

Hulu asks investors for $200 million

The Wall Street Journal reports that Hulu CEO Jason Kilar has asked the owners of the streaming video site for about $200 million in additional funding. Three major movie and TV companies own Hulu including Walt Disney Co., Comcast Corp., and News Corp. Hulu hopes to use the additional $200 million to fund the purchasing of more programs and overseas expansion.

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Hulu looks back on 2012, closes the year with $695 million in revenue

Hulu looks back on 2012, closes the year with $695 million in revenue

While 2012 was a good year for some and one that some others would probably like to forget, it was great for Hulu. The video streaming service has posted a look back at 2012 on the Hulu Blog, along with plenty of statistics on how much it grew throughout the year. The company announced today that it pulled in approximately $695 million in revenue, which you can see is quite the jump over 2011's revenue in the graph below.

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