Apple among Hulu tyre-kickersJuly 26 - 11am
Debate is swirling about a possible acquisition of media streaming service Hulu by tech giant Apple.
Apple is reportedly among the companies that have taken a look at Hulu’s books since its board started fishing for offers a few weeks ago.
Commentators point out that Hulu’s estimated US$2 billion value wouldn’t dent Apple’s $76 billion cash pile, and the acquisition would complement the iTunes brand and help Apple compete with Netflix.
However, Apple is also fiercely committed to its own brands, and Hulu’s ad-based model is thought to be incongruent with Apple’s modus operandi.
Operative in America only, Hulu is owned by a trio of media companies, Disney – of which Apple’s Steve Jobs is a board member and shareholder – NBC International and News Corp, along with investment firm Providence Equity Partners.
In the end, the decision on the purchase may come down to price – or the desire to keep Hulu away from competitors such as Google.