Courtesy of Benzinga.
Netflix (NASDAQ: NFLX) has made the comeback of a century, quadrupling in value over the last seven months.
This unheard of (and highly unexpected) turnaround story came after Netflix approached $300 per share and then plummeted to the low $50s. It was a painful moment for investors, but they got over it, re-invested in the company and transformed it into one of the year’s biggest stars on Wall Street.
Now that Hulu, the Netflix of television, is up for sale again — and has garnered four million paying subscribers (up from three million last year) — the rumor mill has been overflowing with reports about the potential new owner.
Who could buy Hulu? Who is most likely to buy the company?