Forsale | featured news

Hulu has hired Guggenheim Partners to advise on a sale of the company, even as the financial services firm is considering making its own bid for the video streaming service, three sources with knowledge of the matter told Reuters.

Maxim magazine, known for bawdy female swimsuit photos and off-color jokes, is for sale. Alpha Media, Maxim's parent company which is owned by a group of financial investors, said Friday it was exploring a sale of the male-oriented magazine. The move comes as Maxim has been trying to reinvent itself as a multi media outlet after years of declines in ad pages.

The New York Times Company says it plans to sell the Boston Globe and its related assets in order to focus on its namesake newspaper.

The company that owns the Staples Center and the Los Angeles Kings announced late Tuesday it is being put up for sale, sparking a potential billion-dollar bidding war for some of the sports and entertainment world's most glitzy properties.

The New York Times Company has a letter of intent to sell the online resource guide to Answers.com, an online question-and-answer site, for $270 million, according to an executive familiar with the negotiations.

What's advertised as the smallest town in the United States is scheduled to go up for auction next month. Buford, located between Cheyenne and Laramie in southeast Wyoming, is famous for having just one inhabitant, Don Sammons. Sammons plans to retire from managing his businesses at Buford and move on. The auction is set for noon on April 5.

Matthew Perry's mid-century modern mansion in Malibu hit the market on Wednesday at $13.5 million, and 'Friends' fans everywhere got a sneak peak into the actor's bent toward minimalism, clean lines, and oceanfront views.Perry bought the home in 2005 for $6.5 million, according to AOL Real Estate, and nearby neighbors used to include Mel Gibson until he put his farm estate on the market last year.

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.

Apple is in the early stages of examining Hulu LLC, a video-streaming pioneer that is being considered for sale by its owners.

News Corp.'s talks to sell most of Myspace have narrowed to two leading bidders, the ad-targeting firm Specific Media and Golden Gate Capital. Any deal would include hundreds of job cuts at the struggling social-networking website.