Forsale, Streaming Service | 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.

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.

Yahoo Inc. recently approached Hulu to discuss a possible acquisition of the popular online video service, according to a person with knowledge of the matter.

The Wall Street Journal is reporting that Hulu has been approached with an offer to buy the company. Right now it is unclear who the offer is from but CNBC’s Julia Boorstin tweets it is not from Google.