Wednesday, September 07, 2011

Google Bids High for Hulu - Peter Kafka - Media - AllThingsD

Google apparently aiming high with Hulu

Google seems to want something much more than that, and is willing to pay much more to get it. If you want to speculate, you could imagine Google asking for access to more content, for a longer period of time, and perhaps offering up a couple billion dollars more.

Since that’s not what Hulu’s owners have put on the table, “normally we would have thrown people out if they’d said that,” says an executive familiar with the sales process. But Google “indicated that there’s enough money” involved so that Hulu’s owners are at least thinking about continuing the discussion.

One big problem with the Google proposal: Hulu was created in large part as the TV networks’ response to YouTube, and their fear that Google would swallow up the Web video ecosystem.

Google Bids High for Hulu - Peter Kafka - Media - AllThingsD

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