Apple Looking To Buy Hulu?
Hulu is a video streaming service, wide spread on the United States territory. The company is up for sale for several months now and brands like Google have shown interest for the video service. It seems that Apple brought their mountains of money and started the negotiations for placing a bid.
It is rumored that Apple have placed a bid for Hulu, the famous video streaming service, the rival of the even more famous Netflix. If true, everyone is hoping that Hulu will be available in other countries as well, without many configuration changes.
In June it was rumored that Hulu hired specialized companies to help them sell the business they built over the years. Yahoo! shown inters in this matter, too, posting a bid for Hulu. But it seems that Apple also wants a piece of video streaming. If the deal goes on, Apple might use Hulu to create a payed video streaming service, rival of Netflix.
A source inside the company said for Associated Press said that Apple is getting ready to make an offer for Hulu video service. The source decided to remain anonymous, as Apple haven’t agreed to officially talk about the deal, says Business Week.
The Hulu deal will help Apple Store, which already provides video services for the users and so it could compete with Netflix Inc. As you probably know, Hulu is an payed online video streaming service, offering a series of TV shows, videos, or movies for hulu.com and some other online destinations , at the moment owned by The Walt Disney Co, News Corp si Comcast Corp.
Apple’s interest for buying Hulu was previously announced by Bloomberg News, too.
At the moment Apple’s users can buy or rent videos via iTunes. If Apple buys Hulu, then it might be integrated in iTunes and Apple TV and maybe even in iOS. Hulu Plus now comes at a price of $7.99 for month and includes premium content and analysts say that it will have more than 1 million subscribers in August.
Besides Yahoo!, Google and Apple, rumor has it that Amazon is also interested in getting their hands on Hulu. Lately, it seems that every time Google makes an offer for a company, Apple jumps in and makes a higher bid. Is this one of Apple’s strategies, or just a coincidence? Is Apple stealing another good deal from Google?
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