Welcome to the cable news roundup, Hump-Day edition.
Google (Nasdaq: GOOG) is shaping up to be the wild card in the Hulu LLC sweepstakes, as it is said to be willing to pay much more than $2 billion (perhaps up to $4 billion) in exchange for access to more content over a longer period, a move that could pull the rug from under three primary bidders that are playing by the rules: Amazon.com Inc. (Nasdaq: AMZN), Yahoo Inc. (Nasdaq: YHOO) and Dish Network LLC (Nasdaq: DISH), says AllThingsD. DirecTV Group Inc. (NYSE: DTV)'s already dropped from the bidding.
Rogers Communications Inc. (Toronto: RCI) wants to try its hand at a new line of business: lender. The Canadian MSO and wireless service provider is seeking permission to incorporate an in-house bank, the first step toward offering retail credit cards, reports The Globe and Mail. If it gains the license, Rogers may try to compete by providing perks tied to its video and wireless products.
The Advanced Television Systems Committee has started work on a next-gen TV standard that likely won't be compatible with today's platform, reports TV Technology. ATSC 3.0 is expected to be made up of "voluntary" technical standards and recommended practices for a new digital broadcast system.