US telco AT&T is reportedly in discussions about making a joint bid for Hulu, marking the latest big-name firm said to be competing for the VOD site.
According to All Things D, AT&T is talking with the Chernin Group about making a joint offer.
The investment firm – run by run by former News Corp president and chief operating officer Peter Chernin – was one of seven firms already reported to have put in an offer for Hulu.
The New York Post reported that second round bids for the News Corp, Disney and Comcast-owned video site are due by tomorrow.
Stateside reports earlier this week claimed that pay TV provider DirecTV is one of three bidders currently offering upwards of US$1billion for Hulu.
Other firms reported to have put in offers for the VOD site are Yahoo!, Time Warner Cable, private equity firms KKR, and Guggenheim Partners, and Silver Lake Partners in conjunction with Hollywood talent agency WME.
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20 June 2018 @ 12:15:00 UTC