Peter Chernin News
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The Affordable Care Act’s initial success next year depends on President Barack Obama’s ability to coax at least 2.6 million people who are young and healthy to sign up for health insurance. Hispanics may be the key.
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At least seven bidders are said to be interested in acquiring Hulu LLC, and their divergent motivations in pursuing the deal could end up radically altering the strategy of the online-television service.
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DirecTV, the second-biggest U.S. pay- TV service, and two other bidders are each offering at least $1 billion for Hulu LLC, the online video website, said people with knowledge of the bid.
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Hulu LLC’s Johannes Larcher resigned as head of international operations for the online video service, whose owners are weighing offers for the company.
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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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Twitter Inc. has teamed with the National Basketball Association to stream video clips of game highlights as the blogging service expands beyond 140-character status updates ahead of a possible initial public offering.
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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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Peter Chernin, the former News Corp. chief operating officer, offered at least $500 million for Hulu, the online television service he helped found, two people with knowledge of the situation said.
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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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