Google is currently in Preliminary talks to purchase the online video streaming company Upper According to the LA Times. Hulu is a streaming movie service subscription offering ad-supported on demand shows, movies, webisodes and other new media.
According to the report Hulu is already meeting with potential buyers would include Google, Microsoft Corp. and Yahoo Inc. Google is hoping to add professionally Produced content together with its already established user generated content on YouTube with the purchase of Hulu.Hulu was fabricated added adorable for auction afresh with Walt Disney Co. and News Corp renewing their licensing agreements, and who are two of the beyond companies complex in the online video account Hulu
In an interview with the LA Times Arash Amel, research director for digital media for IHS Screen Digest explains:
“If you had those deals for 10 years, OK, you have time to build a business,” “But look at what they are trying to do to Netflix. They help you until you are successful then they want most of what you make or they try to kill you.”
