Report: Apple May Buy Hulu

Purchases

Updated Apr. 24, 2017 3:17PM EDT / Published Jul. 22, 2011 3:44PM EDT

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That $76.2 billion in cash must be burning a hole in Apple's pocket. The technology company is in early talks with Hulu about a possible purchase, two sources tell Bloomberg. Hulu would give Apple a new subscription service and five years of rights to programs, making it a possible challenger to Netflix. Google, Yahoo, and AT&T have also expressed interest in buying the video-streaming company. A report this week said Yahoo was willing to pay as much as $2 billion for Hulu with four or five years of exclusive access to its shows.

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Report: Apple May Buy Hulu

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