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.

@anthony256
Published Fri, Apr 19 2013 5:32 AM CDT   |   Updated Tue, Nov 3 2020 12:23 PM CST

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.

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

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 SOURCE:bgr.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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