Hulu's Board Has Reached Out To Potential Buyers To Gauge Interest

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Hulu's board has approached potential buyers to gauge their interest in buying the online video service, three sources close to the company told Reuters, as owners News Corp (NWSA.O) and Walt Disney (DIS.N) weigh what to do with their interests in the five-year-old company.

HULU

Hulu's board has approached potential buyers to gauge their interest in buying the online video service, three sources close to the company told Reuters, as owners News Corp (NWSA.O) and Walt Disney (DIS.N) weigh what to do with their interests in the five-year-old company.

The board has sounded out several possible buyers as part of an internal strategic review begun recently, but it has not received a formal offer, one of the sources said on Monday, speaking on condition of anonymity because the discussions were private. It was unclear how many parties Hulu had reached out to.
 

Hulu spokeswoman Elisa Schreiber and News Corp's Nathaniel Brown declined to comment. Disney had no immediate comment.

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