Friday, October 8, 2010

Hulu prepares IPO

Hulu is ready to raise $200 million to $300 million to build its business, and could file a prospectus with the U.S. Securities and Exchange Commission before the end of the year, Reuters reports.

Tapping public markets is one of several options under consideration as Hulu girds for battle against rivals Netflix, Google and Amazon.com.

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