But isn't that chump change compared to what Hulu is or will be worth?
The Wall Street Journal (via Business Insider) reports that Google (NASDAQ: GOOG) is still aggressively seeking ownership of Hulu. With a price tag ranging from a paltry $500 million to a questionably low $2 billion, Google stands to profit greatly from the streaming video service.
The search engine giant has already shown its Hulu envy with Cosmic Panda, a silly-sounding experiment that converts YouTube into a Hulu-esque video player.
If you don't want Google (which has already invaded our cable boxes) to take over the world of entertainment, never fear: it is just one of many companies interested in acquiring Hulu. Yahoo! (NASDAQ: YHOO), Amazon (NASDAQ: AMZN), and DirecTV (NASDAQ: DTV) are said to be among the corporations planning to make a bid. Interestingly, Apple (NASDAQ: AAPL) �C which reportedly expressed an interest in Hulu last month �C was not on the list of expected bidders.
According to the Wall Street Journal, initial bids are due this Wednesday.
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