What's Next For Hulu?

Late last week it was announced that online video service Hulu would no longer be up for sale. According to the owners - 21st Century Fox, NBCUniversal and the Walt Disney Company, Hulu would be "recapitalized with $750 million in new funding to propel growth". According to All Things D, the next move for the company will be to take on Amazon and Netflix by investing more in Hulu's Plus paid platform from a "subscription video on demand service" standpoint. Read more about Hulu's next moves and what they will need to compete with Amazon and Netlfix here.