Hulu Makes First Acquisition; Chinese Video Startup To Form Backbone Of New Service
source: http://www.techcrunch.com/2007/09/12/hulu-makes-first-acquisition-chinese-video-startup-to-f...
-
-
- liordelgo
- added this
Neither company has officially confirmed the deal. Rumored price is in the $10 million range.
a source with knowledge of the deal indicates that the $1 billion News Corp./NBC online video joint venture Hulu has acquired the company and is using its platform for the basis of the upcoming Hulu service.
a source with knowledge of the deal indicates that the $1 billion News Corp./NBC online video joint venture Hulu has acquired the company and is using its platform for the basis of the upcoming Hulu service.
