- Variety, Wednesday, July 10, 2013 11:41 AM
CNBC reported on Tuesday that Guggenheim Digital Media and private-equity firm KKR have dropped their joint bid for Hulu. Translation? “The pay-TV biz is going to get its hands on Hulu,”
Variety writes. In other words, “That leaves three bidders, all with ties to established distributors: satcaster DirecTV, telco AT&T (together with the Chernin Group), and in a less likely
scenario, Time Warner Cable may come in as part owner.”
Read the whole story at Variety »
