Hulu's (DIS,CMCSA,FOXA) owners are going to invest in Hulu’s potential as a “subscription video on demand” service that may compete with Netflix (NFLX) and Amazon (AMZN), says AllThingsD. Reference Link
This is great news for NFLX. It shows there wasn't much if any serious interest in Hulu. Hulu is going to wither and die. One less competitor for NFLX.
All of the hulu news was processed already by the market. The above might be news to you but that just makes you a bit slower than everyone else.
news just came on sat.. check this out will down 20 on Monday..