Hulu’s Owners Said to Offer Bidders Five-Year Program Extension

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Hulu LLC, the online video service seeking bids, plans to offer suitors five years of access to shows from its media-company owners, including two years of exclusivity, two people with knowledge of the situation said.

The extended terms would provide a new owner with continued access to programs from owners Walt Disney Co., News Corp. and Comcast Corp.’s NBC Universal, said the people, who weren’t authorized to speak publicly.