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23/07/2011

Apple Bidding For HULU Acquisition

Apple win the Nortel patents with the help of some other companies and now Apple is bidding for HULU. Bloomberg reports that Cupertino is in early talks that may lead to an offer for Hulu which would give Apple a subscription service capable of competing with Netflix. While Hulu did not comment on the information, Scott Sutherland, Wedbush Securities Inc. analyst thinks that "part of the ecosystem of Apple’s future is to include more video". So will video streaming will next to explode after music streaming and cloud storage?

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