[Reuters] Exclusive: Former News Corp President Chernin bids $500 million for Hulu

Posted by: UGN Security

[Reuters] Exclusive: Former News Corp President Chernin bids $500 million for Hulu - 04/06/13 12:55 AM

LOS ANGELES/NEW YORK (Reuters) - Former News Corp president Peter Chernin has bid around $500 million for Hulu, the online video streaming service he helped create in 2007, according to two sources with knowledge of Hulu's sale process.