Hulu Bidding Moved to End of the Week

Thu Aug 25, 2011 5:24am EDT

The deadline for Hulu bidding was pushed back to the end of the week, according to Reuters.

Hulu is expected to receive offers of between $1 billion to $2 billion, an individual with knowledge of the sale told TheWrap. A spokesperson for Hulu declined to comment.

Yahoo, DirecTV, Google and Amazon are among the heavy-hitters expected to make an offer for the popular video site.

South Korean mobile giant SK Telecom denied reports that it would be participating in the auction.


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