AT&T Discusses Hulu Bid: ReportTalking to Chernin Group about Joint Bid for Hulu 6/06/2013 11:35 AM Eastern
Another potential bidder has entered the Hulu fray, with AT&T reportedly discussing a joint bid with the Chernin Group, according to AllThingsD, which cited anonymous sources.
The Chernin Group is run by Peter Chernin, who was COO of News Corp. when Hulu was founded.
Other names that have surfaced as potential bidders include Yahoo, DirecTV, Time Warner Cable, KKR & Co. Silver Lake Management, WME and Guggenheim Partners.
Like DirecTV and Time Warner Cable, AT&T would be able to use Hulu to expand the over-the-top services it offers past part of its multichannel and broadband offerings.
AT&T declined to comment on the report.