TV

Hulu pursues an IPO

Online video platform Hulu is pursuing a public offering that could value the company at more than $2 billion, according to a report in Monday's New York Times.
August 16, 2010

Online video platform Hulu is pursuing a public offering that could value the company at more than $2 billion, according to a report in Monday’s New York Times. Hulu executives have been in talks with investment bankers with the aim of going public sometime in the autumn. The site, one of the biggest competitors in the online video space, is a joint venture between News Corporation, the Walt Disney Company, NBC Universal and private equity firm Providence Equity Partners though it has yet to turn a profit, the Times reports. It will unveil a $9.99 per month subscription service in the coming months.

About The Author
Senior staff writer Frederick Blichert comes to realscreen with a background as a journalist and freelance film critic. He has previously written for VICE, Paste Magazine, Senses of Cinema, Xtra, Canadian Cinematographer and elsewhere. He holds a Master of Arts in film studies from Carleton University and a Master of Journalism from the University of British Columbia.

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