Last week, the rumor mill echoed with buyout talks around online-video service Hulu. The current consortium of owners, which includes Comcast
I always thought Google
On Friday, a report in The Los Angeles Times showed that my vision is coming true. According to the paper's sources, Hulu's financial advisors have set up media and investor meetings en masse to gauge the depth of buyout interest. Headlining the interested buyers is Google -- score one for the Fools.
Other bidders lining up at the window include Microsoft
Talks are expected to continue next week and culminate in a deal worth about $2 billion. Hulu's existing media licenses are probably worth that much alone, even without the online-video portal and related technologies. If those contracts are amenable to a change in ownership, this could get expensive.
Foolish founder and leader Tom Gardner sees the future of film moving online. Hulu is bound to play a large part in that revolution, with or without a consolidated ownership structure. These are the revolutions that create outrageous returns on your invested dollar -- will Hulu help create the next millionaire-maker?
Fool contributor Anders Bylund owns shares of Google, but he holds no other position in any company mentioned. Check out his holdings and a short bio. The Motley Fool owns shares of Apple, Yahoo!, Microsoft, and Google. Motley Fool newsletter services have recommended buying shares of Walt Disney, Apple, Yahoo!, Google, and Microsoft, creating a diagonal call position in Microsoft, and creating a bull call spread position in Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.