Submitted by David Kuan03.31.2009
Hulu is a hot commodity. Even YouTube is starting to copy the online video site. Some have suggested that Yahoo beef up its beleagured online video presence with a stake in Hulu. Now there's rumors that Disney may be looking at Hulu. Disney owns ABC and ESPN.
Prediction: Disney will acquire a stake in Hulu by the end of July 2009.
| Betting Closes: | Jul 31 2009 | Current Consensus: | 83.89% | Total Bets: | 35 |
| Today's Change: | 0% | ||||
| Life Time High: | 90.47% | ||||
| Life Time Low: | 25.92% |
Comments
According to article, Disney is taking a business agreement approach rather than the equity approach.
Well ... according to Disney-Hulu deal done with a 30% equity stake exchange.
Well.. not quite done but VERY VERY VERY close!
Looking even closer now:
http://online.wsj.com/article/SB124110275139073305.html
But I want to wait for a confirmation from the companies. The sources in that article aren't described.
Ian Lamont
Managing Editor
The Industry Standard
twitter.com/ilamont
Judged. Disney has confirmed they've reached a deal:
http://www.reuters.com/article/internetNews/idUSTRE53T50F20090430
Ian Lamont
Managing Editor
The Industry Standard
twitter.com/ilamont
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