Hulu LLC, the video website put up for sale by its media company owners, has received as many as five first-round bids, including one from Douglas County-based Dish Network Corp., a person with knowledge of the situation said.
Hulu’s owners — Walt Disney Co., News Corp., Comcast Corp. and Providence Equity Partners Inc. — will grant a successful buyer five years of rights to TV shows, including two years of exclusivity, sources said July 19. Google Inc., Yahoo Inc. and Inc. were preparing offers for Los Angeles-based Hulu ahead of last weekend’s deadline, a person said earlier.
Jen Chiu, a Hulu spokeswoman, declined to comment, as did Marc Lumpkin, a spokesman for Dish.
Bids were expected to range from $500 million to $2 billion, The Wall Street Journal reported Aug. 22.
