It looks like streaming-video site Hulu is no longer on the sales block.
Co-owners 21st Century Fox, NBCUniversal, and Walt Disney said in a release Friday that they will "maintain their respective ownership positions in Hulu and together provide a cash infusion of $750 million in order to propel future growth."
"We believe the best path forward for Hulu is a meaningful recapitalization that will further accelerate its growth under the current ownership structure," 21st Century Fox COO Chase Carey is quoted as saying in the release. He continues:
We had meaningful conversations with a number … Read more