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Hulu sale rumors continue, new reports point to the company hiring a firm to help them with the sale

Hulu reportedly hires a company to help them find a buyer

| Business, Financial & Legal News | Posted: Apr 19, 2013 10:32 am

The sale of Hulu has been something that has been talked about for a while now, but we might just be a step closer to it happening now. Reuters is now reporting that the online movie and TV streaming company have hired the help of financial services firm Guggenheim Partners.

 

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Guggenheim Partners will be advising Hulu, but are also interested in making a bid in the company which could lead to a conflict of interest. To steer around this possible, and probable conflict of interest, the company have created a separate Guggenheim Digital Media unit in January that is being headed by former Yahoo CEO and News Corp executive Ross Levinsohn, who is reportedly interested in a deal with the company.

NEWS SOURCES:Bgr.com

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