First we heard last Friday, then we heard yesterday. Now the deadline for companies to make a bid in the auction for Hulu is Friday, with Yahoo, Google and Amazon among those looking closely at the online streaming video service owned by News Corp, Disney, Comcast and Providence Equity Partners. A source told Reuters that the extension was to give potential buyers more time to do their due diligence with Hulu’s financials. Bids are expected to come as high as $1.5 billion-$2 billion, but there are still questions about whether that price will be for the entire site or for bits and pieces, like its coveted license agreements with content providers.
Hulu Bid Deadline Extended To Friday
What's Hot on Deadline
'Black Panther' Director Ryan Coogler Writes Letter Of Gratitude After Film's Record-Breaking Weekend
Oprah Winfrey Answers Call & Joins Clooneys, Katzenbergs, Spielberg And Capshaw In Donating $500,000 To March For Our Lives: Who's Next?
'Black Panther' Goes Wild: At $242M Superhero Owns 2nd Best 4-Day Opening & Defeats 'Last Jedi' - Update
Latest Film News
- Steven Soderbergh Talks ‘Unsane’ Distribution & Shooting His Next Film On An iPhone – Berlin
- Ousted Weinstein Company COO David Glasser To File $85M Lawsuit Against Board Members, Alleging He Has Been Made A Scapegoat
- ‘Black Panther’ Posts Record $21M Pre-Summer Tuesday; Second Weekend To Reap $104M-$109M
- Study Finds “Little Progress” For Women In Percentage Of Non-Acting Oscar Nominations
- ‘Black Panther’ Director Ryan Coogler Writes Letter Of Gratitude After Film’s Record-Breaking Weekend
- Weinstein Co. Bidders Eyeing Sit-Down With New York AG As Lawsuit Stalls Sale