The first round of bidding for Hulu and Hulu+ is over, with no apparent winner. Google is said to have bid $4 billion, but with a number of conditions mostly having to do with getting long-term commitments from Hulu partners to continued provision of programming. The highest unconditional offer was reported to be $1.9 billion, from Dish Network, below Hulu's expected minimum of $2 billion. It's unclear at this point whether Hulu will accept any of the bids, seek another round (with or without additional programming commitments) or pull back off the market.
Source - Hulu Has High Bidder, Around the Net in Online Media