InfoAnda - Hulu sale at risk even as new bids are due |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Supreme Court agrees Senate appointment requires special election | 7 June 2011
Ubisoft to open Toronto studio | 7 July 2009
404 Not Foun | 21 July 2009

Meeting Apollo 11 Crew, President Touts Education Agenda | 21 July 2009

Forum Views () Forum Replies ()

Read more with google mobile : Hulu sale at risk even as new bids are due |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Green Business Legal Deals Earnings Summits Business Video Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia Afghan Journal Africa Journal India Insight Global News Journal Pakistan: Now or Never? World Video Politics Politics Home Front Row Washington Politics Video Technology Technology Home MediaFile Science Tech Video Opinion Opinion Home Chrystia Freeland Felix Salmon Jack Shafer Breakingviews George Chen Bernd Debusmann Gregg Easterbrook James Pethokoukis James Saft John Wasik Christopher Whalen Ian Bremmer Mohamed El-Erian Lawrence Summers The Great Debate Unstructured Finance Newsmaker MuniLand Money Money Home Analyst Research Global Investing MuniLand Reuters Money Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Life & Culture Health Sports Arts Faithworld Business Traveler Left Field Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Article Comments (0) Editor's Choice Rain, landslides hamper Himalaya quake rescue PETA to launch porn site in name of animal rights Japan's defense industry hit by its first cyber attack Child abuse climbs with recession: study "Missing" global heat may hide in deep oceans WHO: $1.20/person could curb chronic diseases Futuristic pods whisk travelers around UK airport MediaFile: Maybe $85,000 TVs will spur spending Video: Stem cell "zoo" a last refuge for species? Slideshow: Giant vegetable contest Follow Reuters Facebook Twitter RSS YouTube Read Obama offers $3 trillion debt plan, tax hikes on rich 12:05pm EDT Greece must shrink state to avoid default: lenders 7:19am EDT Greece must shrink state to avoid default: lenders 11:31am EDT Wall St sharply down on escalating euro zone woes 10:28am EDT Abbas defiant on U.N. bid as officials scramble on crisis | 11:45am EDT Discussed 140 Number of poor hit record 46 million in 2010 71 Geithner’s ”succinct” message irks Europeans 51 Obama to propose $3 trillion in deficit cuts Watched Scarlett's naked pics, Tyler Perry is highest paid Wed, Sep 14 2011 Photos capture air show crash Sat, Sep 17 2011 The fight for Sirte Sun, Sep 18 2011 Hulu sale at risk even as new bids are due Tweet Share this Email Print Related News Netflix lowers U.S. subscriber forecast; shares fall Thu, Sep 15 2011 Third Point appeals to Yahoo founder Yang for change Wed, Sep 14 2011 UK to look at media ownership after hacking scandal Wed, Sep 14 2011 Google buys Zagat to vie with OpenTable, Yelp Thu, Sep 8 2011 Major Yahoo shareholder calls for new board Thu, Sep 8 2011 Analysis & Opinion Brace yourselves: (former?) video titan takes aim at Netflix Can Netflix still win when cable TV loses? Related Topics Technology » Deals » Global Deals Review: 2011 Q2 » Global Deals Review » Inflows Outflows » Media » iPad » By Yinka Adegoke NEW YORK | Mon Sep 19, 2011 8:29am EDT NEW YORK (Reuters) - The auction of online video site Hulu has been slowed by recent developments which could derail it completely, according to sources familiar with the process. Among the issues are conflicts over complicated digital rights, a wide bid-ask gap, and Yahoo being sidelined as a potential buyer by its own issues. Moreover, NBC Universal's hiring of Morgan Stanley banker Stuart Epstein, who was involved in the sale process for the bank, as its chief financial officer complicates a potential deal. And then there is the lack of commitment to sell by Hulu's owners -- News Corp, Walt Disney Co, Comcast Corp's NBC Universal and Providence Equity Partners. News Corp Chief Operating Officer Chase Carey even acknowledged during the company's third-quarter earnings call last month that a Hulu sale might not happen. A new round of bids are due next week and price will be in a key issue in whether the auction moves forward, according to a source close to the situation. Other sources with knowledge of the talks said an unusually wide gap has developed in recent weeks between the price bidders are offering and what the Hulu owners are willing to accept. Hulu's owners are becoming more steadfast about the price and feel enough strategic alternatives are available to reject low-ball offers, sources said. Bids have ranged from as low as $500 million to as much as $2 billion. The most serious suitors include Google Inc, Amazon.com Inc, DirecTV Group Inc and DISH Network Corp. Yahoo Inc had been viewed as one of the most enthusiastic likely bidders, but that was before its leadership imploded last week with the firing of CEO Carol Bartz. The company is likely to be too preoccupied with its own issues to digest a multibillion dollar deal. Moreover, Hulu's owners would be reluctant to sell to a company undergoing an internal upheaval. As with any sale, the situation is fluid and there remains a chance Google or another party could swoop in with a rich offer. Reports have suggested Google was planning an offer, but company insiders are uncertain Hulu's media owners would sanction a sale to the search engine giant -- at least not without caveats such as blocking piracy searches, for example. After intense initial interest due to Hulu's huge and growing popularity, the sale has stalled as bidders questioned what they would get for their money. One senior media executive said the nature of Hulu's content deals is key to whether a deal happens or not. "I guess the brand and technology are worth something, but probably not for that asking price because digital companies could develop a site on their own," the executive said, who asked not to be identified speaking about a partner company. CBS Corp boss Les Moonves openly questioned Hulu's value during an interview at a Paley Media Center event on Thursday. "What are they getting and how long are they getting it?" asked Moonves, whose company is not a Hulu owner or content provider. "Are they buying two years of programs for $2 billion? I don't know. I shouldn't say more, I'll get in trouble." The issue of rights, particularly on newer platforms such as the Web and mobile, are both unclear and complicated, adding to the potential deal's complexity. BTIG analyst Richard Greenfield said a recent decision by NBC Universal to offer programs for free via an iPhone and iPad app without requiring a cable subscription effectively undermines the value of the rights Hulu's owners are trying to sell. The move also potentially conflicts with News Corp unit Fox TV's strategy of allowing Hulu users to access only the latest TV shows if they are a pay-TV subscriber. "It gets more challenging to push through the Hulu sale, given what NBC just did," said Greenfield. Comcast agreed, as part of the regulatory restrictions attached to its takeover of NBCU, that NBCU would abstain from key management decisions at Hulu. If the sale falls apart, it will mark the second time its owners have fashioned a full or partial exit strategy that has failed. After nearly six months of planning, the owners ditched an initial public offering last December to raise up to $300 million. Such an IPO would have valued the company at about $2 billion. [nN06205589] But the decision to ditch the IPO in favor of a sale prompted industry observers to wonder whether media companies should risk handing over their future online to digital rivals such as Google and Amazon. Greenfield has described the plan to sell Hulu as a mistake of "epic proportions." "Hulu appears to be the perfect weapon for networks and content creators to embrace so they can grow revenues and profits, even if the current multichannel ecosystem becomes unglued over the next decade," said Greenfield in his client-targeted blog. (Reporting by Yinka Adegoke; Editing by Peter Lauria and Richard Chang) Technology Deals Global Deals Review: 2011 Q2 Global Deals Review Inflows Outflows Media iPad Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Mobile Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Contact Us Advertise With Us Connect with Reuters Twitter Facebook LinkedIn RSS Newsletters About Privacy Policy Terms of Use Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Monday, 19 September 2011
New York meetings open to avert Palestinian crisis |
Perfect so far: Lions off to 2-0 start after pounding Chiefs
Adam Lind hits two home runs to power Blue Jays past Yankees
3 killed, seven other injured in Nepal Earthquake
Air race crash death toll rises to 9, airfield locked down by NTSB
Rights groups’ report on Somalia downplayed, 14 soldiers sentenced to death
Oklahoma passes first major test, outlasts pesky Florida State
Al Shabaab: We are committed to decimating the United States and United Nations
Aquino off to U.S. for Open Government Partnership launch
Browns, Colts battle each other for first win of season
Strong earthquake rocks Nepal, India
Turkey to freeze EU ties if Cyprus gets EU presidency |
Tony Curtis collection tops $1 million at auction |
Lebanese war film wins top prize at Toronto fest |
Libyans fail to agree new government |
China makes new push for North Korea nuclear talks |
John Deere Recalls Lawn Tractors Powered by Kawasaki Engines Due to Overheating and Fire Hazards
Insurance Commissioners To Tell Congress Not To Change Medigap Policies
Libyan Opposition Fighters Advance on Gaddafi Stronghold
Senior policeman survives Pakistan suicide blast, 8 dead |
Landslides hamper rescue efforts after Himalaya quake |
NASCAR postpones first Chase race to Monday
Matt Hagan leads way in NHRA Nationals
26 Killed, Thousands Injured as Yemeni troops open fire on protestors
Madagascar says will arrest former leader if he returns |
Tony winner: Romo rallies Cowboys to overtime victory over 49ers
Air Canada Allows Ticket Rebooking Option; WestJet to Add Extra Flights
Djokovic retires, Serbia's Davis Cup title defense collapses vs. Argentina
Man United claims Premiership top spot with win over Chelsea
In lengthy talks, U.S. presses Pakistan on Haqqanis |
Samsung files counter claim in Australia against Apple |
Japan's defense industry hit by its first cyber attack |
Mad Men, Modern Family win Emmys but shocks abound |
Boardwalk Empire brings Martin Scorsese an Emmy |
Emmy fashions lean toward bright colors, simple lines |
Julianna Margulies wins best drama actress Emmy |
Melissa McCarthy wins best comedy actress Emmy |
Yemeni forces kill 21 more protesters in capital |
Wideout Massaquoi working his way back into Browns offense
Abbas defiant on U.N. bid as officials scramble on crisis |
PETA to launch porn website to fight animal cruelity
Scout with autism earns all 132 badges
HHS Pushes Federal-State Partnerships For Insurance Exchanges
For Israel’s tycoons, new strings attached
UK official favors more worker say on boardroom pay
Canadian Parliament to resume fall session on Monday
Ahmadinejad heads to U.N. assembly weakened by rivals |
Dallas escapes San Fran with win but not without injuries
Markets fall worldwide on renewed fear from Greece
Analysis: Swashbuckling pays in new world of German politics |
ADHD doubles child's risk of unjury
Death toll in Syria protests rises to 2,700: U.N. rights |
Kenyan charged after Britons' murder, abduction |
Islamic party protests turn violent across Bangladesh |
Random Egypt arrests after Israel embassy attack |
Netflix to split DVD and streaming services |
Start-up SpiderCloud targets emerging corporate mobile market |
Hulu sale at risk even as new bids are due |
PETA to launch porn site in name of animal rights |
EBay builds new division to woo developers |
Lady Gaga leads MTV Europe award nominations |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01