Hulu is not for sale after all. News Corporation, Providence Equity Partners, and The Walt Disney Company, the owners of the service, announced plans to sell the platform in late June, but earlier this evening the companies released a joint statement indicating that they’d decided not to.
"Since Hulu holds a unique and compelling strategic value to each of its owners, we have terminated the sale process and look forward to working together to continue mapping out its path to even greater success,” the three companies said.
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