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October 17, 2011

Hulu Auction Halted

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Hulu has decided not to sell their company because of a conflict regarding future streaming rights on the Net. That ends the auction that began in June and was said to be of interest to Dish Network, Yahoo and Amazon. Hulu is owned by News Corp., which is made up of ABC, Disney and other media companies. Getting back to business, the company says,

"Our focus no rests solely on ensuring that our efforts as owners contribute in a meaningful way to the exciting future that lies ahead for Hulu."

We hope that includes the freebie shows and movies that we have grown to love from them.

Via WSJ

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Posted by Sheila Franklin at October 17, 2011 10:09 AM

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