Disney, News Corp. reportedly renew Hulu contract

Looking for an update on the sale of Hulu? Well, the world still doesn't know who might acquire the online TV juggernaut, but more signs are pointing to a deal with somebody.

All Things D reports that two of Hulu's co-owners, News Corp. (Nasdaq: NWSA) Disney (NYSE: DIS), recently renewed their content licenses with Hulu, which would make a sale to a different party easier to fathom (because without content, there isn't much to Hulu, is there?) Fellow Hulu co-owner Comcast (NASDAQ: CMCSA) is expected to follow suit.

Meanwhile, other reports have surfaced that Hulu has contacted multiple parties about a possible acquisition and that private investors may be interested in a possible deal in addition to the reported interest of Yahoo!

Broadcasters and service providers alike supposedly have an uneasy relationship with Hulu, so why would they continue to support something they may no longer own? Hulu may have already achieved enough success to answer that question.

For more:
- read this All Things D report
- read this Digital Trends post

Related articles:
Rumors of a Hulu sale appeared last week
Hulu is one sticky online video site

Suggested Articles

A common trope maintains that the words “Apple” and “less expensive” don’t belong in the same sentence. But the company could benefit from putting a cheaper…

Dish Network has hired Kannan Alagappan, who previously served as chief technology officer and head of technology for Australian telco Telstra, as its new CTO.

HBO Max, the upcoming subscription streaming service from WarnerMedia, has filled out the rest of its executive team in charge of original programming.