Hulu News
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Updated 2 hours, 32 minutes ago
KKR & Co. and Silver Lake Management LLC are vying with Yahoo! Inc. to acquire Hulu LLC, escalating a bidding war that has attracted cable and satellite TV, private equity, a talent agency and media mogul Peter Chernin.
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Yahoo! Inc. submitted an offer for Hulu LLC, the online video site, according to a person with knowledge of the situation, expanding the number of suitors for the service to at least seven.
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DirecTV, the largest U.S. satellite TV provider, is interested in acquiring at least a stake in online-video site Hulu LLC, according to two people with knowledge of the situation.
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Time Warner Cable Inc., the second- largest U.S. cable-TV provider, is considering taking an equity stake in online-video site Hulu LLC, according to people with knowledge of the situation.
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Yahoo! Inc. Chief Executive Officer Marissa Mayer is exploring whether to bid for the Hulu LLC streaming-TV service, people with knowledge of the matter said.
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Netflix Inc., the world’s largest subscription video service, added five shows from Walt Disney Co.’s cable channels, strengthening its programming for families with children.
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Apple Inc., the maker of the iPad and iPhone, applied for a patent on a battery aimed at using space within a mobile device more efficiently.
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In 1999, Al Gore, then U.S. vice president and a Democratic candidate for president, sold $6,000 worth of cows.
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Hulu LLC, the online TV service owned by three of the four major TV networks, said it doubled the number of paying subscribers in the past year to more than 4 million.
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Google Inc.’s YouTube will offer paid subscription channels over the next few weeks, people with knowledge of the matter said, expanding the choices for television viewers beyond traditional pay-TV packages.
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