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%.

News Corp. announced the appointment of Antoinette Cook Bush as Executive Vice President and Global Head of Government Affairs for the new News Corporation, the proposed global publishing entity to be formed as part of the company's intended separation into two independent, publicly traded companies. In her new role, effective June 24, Ms. Bush will report to Robert Thomson, Chief Executive Officer of the new News Corporation, and be based in Washington, D.C. Ms. Bush joins the new News Corporation from Skadden, Arps, Meagher & Flom LLP, where, over her nearly 20-year tenure, she rose to become the Partner in charge of its Communications Group.

At least two pay TV operators, including Time Warner Cable Inc. (NYSE:TWC) are planning to invest in Hulu, LLC as Hulu considers a range of strategic options, according to people familiar with the matter. It isn't clear how much Time Warner Cable is willing to pay and whether it is considering purchasing a minority stake in the site or an all-out acquisition. Hulu's current owners including News Corp. (NasdaqGS:NWSA); Comcast Corporation (NasdaqGS:CMCS.A) and The Walt Disney Company (NYSE:DIS) don't see the cable operator as the most likely buyer at the valuation it has signaled it would do the transaction, one of the people familiar with the matter said. The identity of the other pay TV operator isn't known. For regulatory reasons, Comcast can't vote its stake. News Corp and Disney have been at odds about the strategic direction for Hulu, and more recently the companies have been considering selling the site. Another option is for News Corp. or Disney to buy the other out. Former News Corp. President Peter Chernin's investment group has made an offer for Hulu, people familiar with the matter say. In addition, Guggenheim Partners, LLC and Yahoo! Inc. (NasdaqGS:YHOO) has shown interest in the site., people familiar with the situation said.