files/pictures/picture-35.jpgApple Inc. is considering an acquisition of online streaming site Hulu, reports
Bloomberg . Walt Disney Co., News Corp. and NBC Universal, which own the site, are offering any possible buyer two years of exclusive access to their content and a five-year extension of the current program rights. The estimated pricetag for Hulu is $2 billion.
Apple, which has not spent a great deal of money on acquisitions in the past, has recently agreed to pay $2.6 billion for a group buying the patents of Nortel Networks Corp. and is also considering buying InterDigital Inc., which is valued at $3.37 billion.
Hulu offers both advertising-supported free content and a premium subscription plan for $7.99 a month.
Apple head Steve Jobs is also the biggest shareholder in Disney.
Other companies interested in Hulu include Google, Yahoo and AT&T. Microsoft backed out of the bidding this week.
Hulu revenue outlooks for 2011 could be around $500 million.
