Aug 24, 2011

What An Amazon-Hulu Tie Up Means For Netflix
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Written by : Tom George| 0 | Business

Via Scoop.itinternetbillboards

Everyone has been talking about a Netflix (NASDAQ: NFLX) killer for months, if not years, and the run to over $300 per share only made the bears even louder. Now it looks like they may have their answer. According to the Wall Street Journal, Amazon (NASDAQ: AMZN [FREE Stock Trend Analysis]), along with other potential bidders, Google (NASDAQ: GOOG), DirecTV (NYSE: DTV) and Yahoo (NASDAQ: YHOO [FREE Stock Trend Analysis]) are supposed to submit bids for Hulu today. Hulu, which is currently owned by NewsCorp. (NASDAQ: NWSA), Walt Disney (NYSE: DIS) and Comcast (NASDAQ: CMCSA [FREE Stock Trend Analysis]), could be acquired for as much as $2 billion, depending on how the auction goes and the content is split up.
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Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.
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Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.

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