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DirecTV, two others said bidding over $1B for Hulu

Jun 01, 2013, 6:39 AM EDT
Michael White, CEO of DirecTV, seen in New York, June 11, 2012.
REUTERS/Keith Bedford


Satellite operator DirecTV and two other bidders have reportedly offered more than $1 billion apiece to buy Hulu. At least seven buyout proposals have been received for the video streaming service, sources say. The bids makes it more likely that owners News Corp and Walt Disney Co will be able to sell Hulu, which they failed to shed in 2011.

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