AT&T May Join The Chernin Group To Bid On Hulu

AT&T may link up with the Chernin Group to make a joint bid for Hulu, reports AllThingsD citing unnamed sources close to the telecommunications company. If the discussions go through, the partnership would give the Chernin Group a financial boost as it competes with six other bidders for the streaming video site. The other potential buyers are pay TV operators DirecTV and Time Warner Cable; private equity firms KKR, Guggenheim Digital and Silverlake Partners (along with talent agency William Morris Endeavor); and Yahoo.