Is Hulu finally seeing some light through the dirt on top of the grave they dug themselves? It seems so, after first seeing the 360 pick up Hulu Plus and now we are hearing that after the trouble Hulu's been in with keeping some of its content, the company is nearing a deal with NBC, ABC and FOX to maintain their programming.
Word is that an extension to the contract that Disney, News Corp. and NBC Universal signed two years ago should pan out in the next week or so. This deal is being headed by Hulu CEO Jason Kilar and reps from News Corp., Disney and Investor Providence Equity Partners. NBC Universal, part owners in Hulu, gave up their board and management positions earlier in the year and must accept the result of all this negotiating.
We have a more in-depth look after the break.