DIRECTV (NasdaqGS:DTV) is planning a potential bid for Hulu, LLC, according to a person familiar with the matter. Hulu's owners, including The Walt Disney Company (NYSE:DIS), News Corp. (NasdaqGS:NWSA); and Comcast Corporation (NasdaqGS:CMCS.A) are considering various strategic options for the site including a sale. Other firms that have bid or expressed interest in Hulu include cable operator Guggenheim Partners, LLC; Hulu, LLC; Time Warner Cable Inc. (NYSE:TWC); Yahoo! Inc. (NasdaqGS:YHOO); and former News Corp. President Peter Chernin's investment group. People familiar with the matter say pay TV operators like DirecTV could be interested in the site in part to expand their so-called "TV Everywhere" services, which make TV shows available over the Web to pay TV customers. Share price of DirecTV is up by 0.76%, share price of Walt Disney up by 0.17%, share price of News Corp up by 1.10%., share price of Comcast Corp. decreases by 0.54%, share price of Time Warner Cable up by 0.75% and share price of Yahoo decreases by 0.23%.

DIRECTV provided earnings per share guidance for 2013. The company's guidance that it provided at Investor Day in December of 2010 remains intact as it forecasts earnings per share to be $5 or greater in 2013. Free cash flow will likely come in lower than 2012 levels due mostly to the higher taxes, the ongoing impact of the Venezuela devaluation and the higher interest payments.

DIRECTV announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the period, the company reported operating profit of $1,242 million, income before income taxes of $1,085 million, net income of $698 million and net income attributable to company of $690 million or $1.20 per diluted share on revenue of $7,580 million against operating profit of $1,308 million, income before income taxes of $1,157 million, net income of $741 million and net income attributable to company of $731 million or $1.07 per diluted share on revenue of $7,046 million a year ago period. The company's first quarter revenues increased 8% principally due to subscriber growth at DIRECTV Latin America (DTVLA) and DIRECTV U.S., as well as higher ARPU at DIRECTV U.S. Net cash provided by operating activities was $1,536 million against $1,763 million a year ago. Cash paid for property and equipment was $748 million against $753 million a year ago. Adjusted operating profit was $1,408 million against $1,308 million a year ago. Adjusted net income was $826 million against $731 million a year ago. Adjusted diluted EPS improves 34% to $1.43 from $1.07 a year ago. Free cash flow was $710 million against $952 million a year ago period.