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Apple Considers Bid for Hulu

Andy Fixmer and Adam Satariano of Bloomberg report: Apple Inc., with $76.2 billion in cash and securities on its books, is considering making a bid for the Hulu online video service, two people with knowledge of the auction said.
Apple, the world’s second-most-valuable company, is in early talks that may lead to an offer for Hulu, said the people, who weren’t authorized to speak publicly.
Hulu would give Apple a new subscription service and represent a possible challenge to Netflix Inc. Hulu’s media- company owners, Walt Disney Co., News Corp. and Comcast Corp.’s NBC Universal, are offering suitors a five-year extension of program rights, including two years of exclusive access, people familiar with the matter said earlier this week.

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