Hulu and ots owners have announced that the video website is no longer for sale. Since June, Hulu was thinking to sell the website and searching for a good buyer. Yahoo, Google, Amazon and some other companies are in talk for the deal. In which Yahoo was most interested in acquiring the website. But in the end hulu couldn’t get any satisfactory bidder.
“Since Hulu holds a unique and compelling strategic value to each of its owners, we have terminated the sale process and look forward to working together to continue mapping out its path to even greater success,” Disney, News Corp., Providence Equity Partners and Hulu’s senior management said in a joint statement. “Our focus now rests solely on ensuring that our efforts as owners contribute in a meaningful way to the exciting future that lies ahead for Hulu.”
Hulu couldn’t get buyer, no longer for sale now
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