I was thinking about buying Hulu. I’m a big fan of classic TV and I love streaming shows on my iPad so I thought, why not? I know the company isn’t making a profit but I figured that with my love of television, I could turn that around. Stock the place with old Lost in Space episodes and run 50′s b-horror movie marathons on the weekend – the subscribers would come running with fistfuls of cash.
Alas, my dream of being Hulu’s next CEO are over because Hulu is no longer for sale.
I don’t feel too bad, because it’s not like they sold the company to someone else. Nope. The owners decided to keep it after all. They even agreed to dump more cash into the site – a full $750 million – in order to “propel future growth.”