July 12, 2013 - 3:35 PM
FILE - This Nov. 11, 2009 file screen grab shows the home page of The on-again, off-again sale of Hulu is off again. The parent companies of ABC, NBC and Fox said Friday that they would stay owners of Hulu, while providing a cash infusion of about $750 million to ensure future growth. The owners had accepted formal bids for the online video service last week, the second time in three years they tried to sell the company. But the announcement Friday suggests the bids were too low. Reports pegged the high end of bidding around $1 billion, which is half of what the online video provider was valued at when the existing owners bought out Providence Equity Partners’ 10 percent stake for $200 million in April 2012.(AP Photo/Hulu, File)**NO SALES**