REPORT: DIRECTV (DTV) In In Talks To Acquire Hulu Again

DIRECTV (NASDAQ:DTV) is currently reviewing a deal to buy out Hulu, according to sources with The Wall Street Journal.  Hulu is owned by The Walt Disney Company, News Corporation, and Comcast Corporation.  The three parent companies have been exploring strategic options for Hulu including a sale.  Some of the other companies that have expressed interest in buying out Hulu include Time Warner Cable, private equity firm Guggenheim Partners, Yahoo! Inc., and The Chernin Group.

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Hulu Plus Hits 4 Million Paying Subscribers

Hulu has hit over 4 million paying subscribers for the Hulu Plus service.  The number of subscribers even doubled since last year.  In Q1 2013, Hulu has streamed a record of over one billion videos.

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REPORT: Peter Chernin Bids $500 Million For Hulu

Peter Chernin, the former president of News Corp, has bid around $500 million for online video streaming service Hulu.com according to sources with Reuters. Peter Chernin even helped launch Hulu while he was at News Corp in 2007.

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Hulu Is Not For Sale, But They Are Receiving Offers

The high-quality video streaming content website Hulu is not for sale, but they are still receiving offers.  AllThingsD is reporting that several potential acquirers have reached out to Hulu’s corporate parent companies, but they have not made a formal offer yet.

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Andy Forssell Is The New Hulu CEO

Former Amazon executive Jason Kilar did an incredible job putting together Hulu and maintaining the company as CEO.  Earlier this month, Kilar announced that he would be resigning after working as CEO for five years along with Hulu CTO Rich Tom.  Earlier today, Hulu announced that Andy Forssell will be the new CEO.  Previously Forssell served as the SVP of Content and Distribution at Hulu.  He has been with the company for around 5 years also.  Below is a message that Kilar sent about Forssell transitioning into the CEO role:

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Hulu Gets A Kids Lock On The iPad

The Hulu app on Android had a Kids Lock feature for quite a while.  Now the same feature is available on the iPhone and iPad.  The Hulu Kids Lock is a virtual button that makes it possible for parents to block mature content from being viewed by kids.  Parents can disable to the Kids Lock by inputting a password.  The feature was added in version 2.7 of Hulu for iOS.

Hulu CEO Jason Kilar and CTO Rich Tom Are Stepping Down

Hulu CEO Jason Kilar and CTO Rich Tom are stepping down this quarter according to the Hulu blog.  It is unknown what Jason and Rich will be doing after leaving the company.  Jason said that the two will be staying on long enough to “ensure there is ample runway to manage this transition.”  There are over 3 million paid Hulu Plus users as of the end of 2012.  Jason said that the company added over 200,000 new subscribers in just the past seven days (December 27-January 4).  Jason Kilar’s estimated exit package is rumored to be at around $100 million.  Hulu generated around $695 million in 2012 revenues.