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Apple to Bid on Hulu Online Television Service?

After being put up for sale by owners Walt Disney, News Corp, and NBC Universal, Apple may be considering to bid on the online television service according to ‘people familiar with the matter’. It’s your typical response to rumors small and large, but let’s look at what’s on the table. Apple has stockpiled storage in the past (presumably for storing and serving video), and today’s speculation also coincides with previous rumors that Apple is working on their own online streaming video service.

Hulu has already been in talks with AT&T, Yahoo, and Apple competitor Google. Apple has $76 billion in cash, a data center to spare, and a competitor I’m sure they’d love to prevent from acquiring Hulu’s properties. Hulu has 33,000 episodes available for Hulu Plus subscribers, mobile applications, and ties with gaming consoles and other devices in the consumer market.

Update: In an updated version of the story, Yahoo is purported to be willing to pay up to $2 billion for four/five years of content. Microsoft dropped out of the bidding for the deal.

[Bloomberg[1][2] via @emilychangtv]

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