via mashable.com
Hulu and its owners have announced that they will not sell the popular video site after all.
“Since Hulu holds a unique and compelling strategic value to each of its owners, we have terminated the sale process and look forward to working together to continue mapping out its path to even greater success,” Disney, News Corp., Providence Equity Partners and Hulu’s senior management said in a joint statement. “Our focus now rests solely on ensuring that our efforts as owners contribute in a meaningful way to the exciting future that lies ahead for Hulu.”
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