Hulu stock going public, may be worth more than $2 billion

TV Arts

David
http://www.hollywoodreporter.com/hr/content_display/television/news/e3i4a25a9f106904fc1f364e31dc6d83adf

Hulu eyes IPO as early as fall
Report: Venture could be valued at more than $2 bil
Staff report

Online video service Hulu is looking to go public through an initial
public offering that could value the company at more than $2 billion,
the New York Times reported on Monday.

Executives of the joint venture of NBC Universal, News Corp. and Walt
Disney have recently begun talking to investment banks about an IPO as
soon as this fall, the paper said citing people briefed on the matter.
Private equity firm Providence Equity Partners is also a partner in
Hulu.

An IPO would be one of the most high-profile going-public deals in the
media and entertainment industry in recent memory.

The IPO market has been sluggish though, and it is unclear how well a
Hulu offering would be received. 

The online video firm is led by CEO Jason Kilar. It has been working
on going beyond advertising-based revenue. For example, it has a $9.99
a month subscription service in the works.
                                            
Volfie999
Only in America....