Mo money, mo problems, right Hulu ? Seems it, considering the newly up-for-sale content hub has just been slapped with a patent infringement suit. This latest little bit of intellectual property beef centers at the online content provider’s alleged unlicensed use of Rovi’s electronic program guide technology. Based on Reuters, the corporate, which currently powers the streaming likes of Blockbuster On Demand and CinemaNow, is looking for financial compensation for potential “lost license revenue and treble damages,” potentially tripling any future settlement award. While Hulu has yet to issue an announcement at the matter, we’d be willing to bet those takeover talks are taking a backseat until this gets sorted.
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