Hulu couldn’t find any serious suitors for an acquisition last time it was on the block, but 2013 is a completely different story. Yahoo, Time Warner Cable and DirecTV are each among the companies offering serious cash for the movie and TV show streaming service, and a new report suggests AT&T may soon enter the fray with a joint bid. AllThingsD reports that AT&T and The Chernin Group are in talks to make a play for Hulu, though the amount the pair might offer is not currently known. The Chernin Group had previously bid $500 million for Hulu this past April, however a series of more recent bids have reportedly reached as high as $1 billion.
AT&T could be latest to enter Hulu bidding war
Published Jun 6th, 2013 8:35AM EDT
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Zach Epstein has been the Executive Editor at BGR for more than 15 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.
His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.
