Disney chief says Hulu to be sold

Disney chief executive Robert Iger has confirmed that video streaming site Hulu is dedicated to finding a buyer.

Iger has told All Things Digital that the company is “committed” to the sale and is currently discussing the matter with a number of buyers.

Previous reports have indicated Yahoo was interested in buying the site, but this has not yet been confirmed.

Iger also said he believes a sale of the site will happen but he could not confirm when it will occur.

Potential buyers include Google and Microsoft, Iger said, along with a number of technology and media companies based outside the US.