hulu thinking about going public, worth billions already???

Discussion in 'Wall St. News' started by S2007S, Oct 10, 2010.

  1. S2007S


    Only a few years old and they are already valuing the company in the billions?????

    Talk about the dot com days, seems any company that's in social networking or in streaming content over the internet is worth billions without even struggling to find an actual product to sell to consumers. I guess its all based off of nothing else but more advertising, more advertising and more advertising.

    Hulu prepares IPO amid battle with Netflix

    Fri Oct 8, 2010 10:46am EDT

    * Hulu IPO could raise $200 mln to $300 mln -sources

    * Morgan Stanley likely to lead underwriters -sources

    * Hulu could file IPO plan with SEC this year -source

    * IPO could come in first half of 2011 -sources

    By Clare Baldwin and Nadia Damouni

    NEW YORK, Oct 8 (Reuters) - Popular U.S. Web video service Hulu is prepared to raise as much as $300 million in an initial public offering likely to be led by Morgan Stanley, according to sources familiar with the matter.

    Hulu is ready to raise $200 million to $300 million in a deal valuing the company at about $2 billion, and could file a prospectus with the U.S. Securities and Exchange Commission before the end of the year, one source said.
  2. Hulu sucks, they are so behind on episodes that I would think only clueless bother with them.
  3. they do sell a service, showing 30 second adds 3 times each episode.
  4. wickcity


    Hula needs to spend more time working on their "plus" model and making sure it works the way its suppose to.
  5. S2007S


    There is no other model but advertising and that will probably never change.
  6. I lOVE hulu!

    Its the only TV that I will watch.