Since Hulu confirmed rumors that it's finally up for grabs, a number of major Internet companies have been jockeying for positions as possible bidders—but not rival streaming site Netflix.
As initial presentations ended last week, the buzzed-about sale is entering its next phase, reports The Wall Street Journal. Next up, the possible bidders will “comb through the business in greater detail,” including Hulu’s complex content agreements with its media owners, News Corp., Disney and NBCUniversal. During the first phase, “many of the top Internet video and TV distribution services”—including Google, Amazon, Microsoft, Yahoo, and DirecTV—showed interest in possibly making a play for Hulu, according to sources.
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