Apple reportedly trying to bid for Hulu
7/23/2011SAN FRANCISCO — Apple Inc. is in talks to potentially bid for video-streaming service Hulu, a person close to the situation said.
The person, who said Apple is among several firms interested, spoke on condition of anonymity because the person was not authorized to talk on the matter. In early July, Google Inc. was said to be among a dozen firms in talks to potentially buy Hulu. Yahoo Inc. is also believed interested.
Hulu, owned by Disney, News Corp., Comcast Corp., and Providence Equity Partners, started sharing financial information with interested bidders last month, after an unsolicited offer prompted its board to look for other offers. The online video service streams movies and TV shows from ABC, Fox, and NBC to computers and, for a fee, to Web-connected mobile devices such as smart phones and tablet computers.