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Hulu No Longer For Sale

21st Century Fox, NBC Universal and the Walt Disney Company have taken Hulu off the market, saying they will now invest $750 more into the five-year-old online video company. “We had meaningful conversations with a number of potential partners and buyers, each with impressive plans and offers to match, but with 21st Century Fox and Disney fully aligned in our collective vision and goals for the business, we decided to continue to empower the Hulu team, in this fashion, to continue the incredible momentum they've built over the last few years," said Chase Carey, President and Chief Operating Officer of 21st Century Fox, in a press release.

 

Read the whole story at The Hollywood Reporter »

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