First-round bids due this week for Hulu

May 24, 2013 7:21 PM

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First-round bids due this week for Hulu

The first round of bids were due this week for Hulu, the popular online TV service whose prospective sale has attracted interest from digital media players as well as cable operators.

An initial bid has been submitted by the Chernin Group, a next-generation media company founded by longtime News Corp. executive Peter Chernin, which is partnering with Providence Equity, according to several people familiar with the matter.

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