Apple looking to bid on Hulu

Tech giant Apple is reportedly looking at television streaming website Hulu, according to a new report from Bloomberg. The report comes just weeks after Disney chief executive Robert Iger said shareholders are committed to selling the company. Two sources have informed the publication that Apple is looking at making an offer on the site. […]

Patrick Stafford 24 July, 2011

Tech giant Apple is reportedly looking at television streaming website Hulu, according to a new report from Bloomberg.

The report comes just weeks after Disney chief executive Robert Iger said shareholders are committed to selling the company.

Two sources have informed the publication that Apple is looking at making an offer on the site. Analysts suspect any bid could rise above $US2 billion.

If Apple buys the site, it could present a credible challenge to Netflix. It would also drastically improve the amount of video on offer through iTunes, if the two products were ever integrated.