(Reuters) - Satellite operator DirecTV and two other bidders have offered more than $1 billion apiece to buy Hulu, a source with knowledge of the bidding process said on Friday, increasing the likelihood that owners News Corp and Walt Disney Co will be able to shed the video streaming service they f Full story
(Reuters) - The largest U.S. satellite video provider, DirecTV, is one of the companies considering a bid for online video website Hulu, according to a source familiar with the situation. Full story
Oscar Schafer, Rivulet Capital chairman, offers his top safe haven plays and explains why he likes DirecTV.
Michael White, CEO of DirecTV, speaks during the Reuters Media and Technology Summit in New York, June 11, 2012. REUTERS/Keith Bedford
Thandie Newton, a cast member in "Rogue," poses at the Los Angeles premiere of the DirecTV original series at the ArcLight Hollywood on Tuesday, March 26, 2013 in Los Angeles.
Michael White, CEO of DirecTV, speaks during the Reuters Media and Technology Summit in New York, in this June 11, 2012, file photo. DirecTV announced a $4 billion share buyback on February 14, 2013, helping to soften the blow to investors after the satellite TV provider warned of a 2013 financial h
NEW ORLEANS, LA - FEBRUARY 02: Maria Menounos attends DIRECTV Super Saturday Night Featuring Special Guest Justin Timberlake & Co-Hosted By Mark Cuban's AXS TV on February 2, 2013 in New Orleans, Louisiana.