Hulu, the US catch-up TV portal is no longer up for sale. In a joint statement from its owners News Corp., Providence Equity Partners, The Walt Disney Company and the Hulu senior management team, the company said the sale process had been terminated. “Our focus now rests solely on ensuring that our efforts as owners contribute in a meaningful way to the exciting future that lies ahead for Hulu.” The partners said they looked forward to working together towards greater success. Founded in March 2007, recent months have seen reports of disagreement among the shareholders over the company’s future digital strategy and the price the partners were willing to accept. Amazon, DirecTV, DISH and Google were all mentioned in connection with a possible sale.
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