SUN VALLEY, Idaho–Here at Sun Valley everyone is buzzing about video site Hulu’s announcement today it isn’t selling.
In recent days, the video site, jointly owned by 21st Century Fox, Walt Disney and Comcast Corp., was considering bids from DirecTV and AT&T and media mogul Peter Chernin.
We found 21st Century Fox Chief Executive Rupert Murdoch relaxing in the Sun Valley Lodge and asked him what changed.
He said Hulu’s owners decided not to sell the site because they “got on the same page about the business.”
“I was always on that page,” of wanting to keep the business, he said. “But Disney wavered but now are very pleased.”
He declined to comment further and walked off into the gift shop.
We will update if we hear more from Disney. Comcast didn’t have a formal say in the decision due to regulatory conditions on its purchase of NBCUniversal.