Hulu Japan is being acquired by the local broadcast giant Nippon TV. Hulu CEO Mike Hopkins announced the move in a blog post, which read in part:
“I’m confident that the Hulu business in Japan is in very good hands, and Nippon TV will take the service to new heights, with the added benefit of allowing us to focus on our growing business here in the U.S.”
Terms of the acquisition were not announced. Nippon TV will continue to operate the service under the Hulu brand, and Hulu will provide the company with Western content.
Breaking news, more to come.