UPDATE: Hulu receives buyout offer from Yahoo, may sell itself

Andre Yoskowitz
21 Jun 2011 17:35

UPDATE: Sources say the bidder was Yahoo.
The Wall Street Journal is reporting that popular on-demand streaming service Hulu has received a buyout offer and is now mulling selling itself.
Reads one journalist's tweets:

WSJ: Hulu is weighing whether to sell itself after a potential buyer approached it with an offer -- Sources. Story to follow

Another journalist tweet reads:

Sources tell me it's NOT GOOGLE who made the offer for HULU

There is no word on who the company may be, but it appears the Hulu's board is now seeking all options.