Hulu.com plans IPO, worth as much as 2 billion dollars.

Forum Moderators: phranque

Message Too Old, No Replies

Hulu.com plans IPO, worth as much as 2 billion dollars.

Sgt_Kickaxe

8:36 am on Aug 16, 2010 (gmt 0)

According to the NY Times Hulu.com may be worth over 2 billion dollars and talks are underway to go public with an IPO. [dealbook.blogs.nytimes.com...]

Hulu, the rapidly growing hub for online television and movies, aims to go public through an offering that could value the company at more than $2 billion, according to people briefed on the matter, Andrew Ross Sorkin and Michael J. de la Merced report in The New York Times.

In recent weeks, Hulu executives have begun talking to investment banks about pursuing an initial public offering as soon as this fall, these people said. These people were granted anonymity because the discussions are still private.

mack

4:28 pm on Aug 16, 2010 (gmt 0)

With the recent wave of IPO discussions I think we are at risk of blowing up another Internet bubble.

Mack.

J_RaD

4:43 pm on Aug 16, 2010 (gmt 0)

IMO hulu is one of the few that is doing video over the web the right way.

frontpage

4:59 pm on Aug 16, 2010 (gmt 0)

I wonder how profitable Hulu is from online advertising?

J_RaD

8:56 pm on Aug 16, 2010 (gmt 0)

regular TV sucks after spending time on hulu, quick 30 second ads and back to your show, vs 10 mins worth of commericals then back to your show for 5 mins.

incrediBILL

2:15 am on Aug 17, 2010 (gmt 0)

For the most part HULU doesn't offer much, I wouldn't pay $2 for the whole site let alone $2B, that's just a crazy waste of money IMO.

From my viewing experience, OnDemand (you can skip commercials) plus Netflix "instant queue" has so much more to offer.

Doesn't mean I won't jump in there and take someone's cash when it IPOs, if people are crazy enough to throw money out the window, I'm crazy enough to take it!

JAB Creations

5:14 am on Aug 17, 2010 (gmt 0)

I'll visit Hulu if they pay a stupid amount of money me to watch their...stuff.

If I had taken over all the institutions may I could get the press to agree that my shoes were worth a billion dollars.

- John

Sgt_Kickaxe

6:52 am on Aug 17, 2010 (gmt 0)

AT&T cable+internet package = 109.99 with 3 boxes.

Roadrunner internet only = 14.95 a month, unlimited connections. Add hulu and it's a big savings. If you dislike Hulu or prefer watching tv/movies on your big screen you can go the $7.99 for Xbox Live + 14.95 for netflix or zune too... still a $70 savings. (with zero commercials)

The telcos see this as a game changer and are working on net neutrality (via the Google proposal) to level the playing field imo.

If hulu, xbox, netflix, zune etc become "extras" you'd have to pay more to get them and AT&T, verizon etc can stay in the game.

ByronM

12:04 pm on Aug 17, 2010 (gmt 0)

Until Hulu gets off their butt and allows you to watch it on your xbox/ps3/wii on your tv i hardly think it is worth 2 billion.

walkman

1:33 pm on Aug 17, 2010 (gmt 0)

Do they own the copyright or is it just a site that shows whatever the copyright holders agree?

What if, after dumping their shares in the IPO, the media companies change tune? $2 billion gone

Innovate

3:18 pm on Aug 17, 2010 (gmt 0)

You can watch Hulu (and other online content) on your TV if you take the time to set everything up properly. In fact, my cable is going off on Sep 1st because with Netflix + all the shows available online, I don't need it anymore.

I imagine that most people don't want the initial hassle of setting everything up, but as more companies like Boxee (or even Roku) start to develop "plug and play" type mechanisms, I imagine it will gain popularity.

Sgt_Kickaxe

8:20 pm on Aug 17, 2010 (gmt 0)

It is gaining in popularity, hence the Google/Verizon "pay the toll for openness even if it's already open" proposal.

Sometimes technology changes and companies die, it's normal, yet these days they believe they have the power to forcefully reach into our pocketbooks under whatever pretense they feel will work. Pay to keep the net open... it already is.