Disney CEO Iger: Hulu’s Owners Are ‘Committed to Selling’

Jul 7, 2011  •  Post A Comment

Hulu’s owners are "committed to selling" the online streaming service, Walt Disney Chief Executive Robert Iger said at the Allen & Co. conference in Sun Valley, Idaho, according to Bloomberg.

Iger added, "There’s a lot of interest." Hulu’s owners include Disney, News Corp. and Comcast Corp.’s NBCUniversal. Bankers working for Hulu have met with Google, Yahoo and Microsoft, as well as AT&T, the story says.

The site could bring more than $2 billion, the story notes, citing data from Bloomberg and SNL Kagan.

Iger declined to comment on specifics of discussions related to the talks or whether television shows and movies would receive exclusive licenses for Hulu, the story adds.

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