The Hulu sale has always been on-again and off-again. Hulu has now confirmed via their blog that they will stay with current shareholders and not sell off the company.

Hulu is currently owned by 21st Century Fox, Disney and NBCUniversal. These companies will now invest a futher $750 million into Hulu to continue its strong growth.

Bidding for Hulu was sitting at around $1 billion. Thus, it seemed like the current shareholders werent happy with those returns, so its back to spending another year or two growing the company even futher.