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From The Huffington Post:
Hulu's board has approached potential buyers to gauge their interest in buying the online video service, three sources close to the company told Reuters, as owners News Corp (NWSA.O) and Walt Disney (DIS.N) weigh what to do with their interests in the five-year-old company.
The board sounded out several possible buyers as part of an internal strategic review begun recently, but it has not received a formal offer, one of the sources said on Monday, speaking on condition of anonymity because the discussions were private. It was unclear how many parties Hulu had contacted.Experts are saying that Hulu will be a difficult sell because of their short-term contracts with television networks. Buyers will want lower costs with fixed long-term contracts before they will be willing to buy.