Owners take Hulu off the block, plan a $750 million investment

The owners of Hulu have once again canceled the sale of the video service, and this time instead will invest $750 million into the company in order to add more content and expand its reach. They hope to position Hulu as the go-to "TV Everywhere" hub for cable and satellite providers, with new content helping it take on rivals Netflix and Amazon in the streaming space. Hulu is still considering selling off a stake in the service, according to a report.

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