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Hulu’s IPO is now on hold, the WSJ reports, and Hulu will look at other ways to raise money to get more streaming content, so it can attack Netflix — potentially with new subscription packages.These financing options could include raising money from its parents — NBC, FOX, Disney, and Providence Equity Partners — or from other sources.
Hulu’s IPO was knocked off track at least in part because it doesn’t have long-term exclusive streaming rights to its owners’ shows, the WSJ says. If it loses those rights — and anything is possible — then Hulu doesn’t have nearly as much value.
Hulu expects to record revenues around $260 million this year, CEO Jason Kilar said last week.
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