The fact that Hulu is still shopping for a buyer hasn't stopped the streaming service from expanding its would-be empire, which now has an international presence. Hulu officially launched in Japan this week, marking the first time it's set virtual foot outside the United States. It's the first step toward becoming a global brand, and could make the service more valuable (and attractive) to potential suitors.

Pandora didn't disappoint when announcing its first financial report as a publicly traded company. The popular streaming music service collected $67 million in total revenue during the second quarter, representing a 117 percent year-over-year increase. Advertising accounted for $58.3 million (118 percent year-over-year increase) and subscription revenue more than doubled as well (112 percent) to $8.7 million.

It's no secret Hulu's owners want to sell the video streaming service, but what isn't isn't yet know is who will buy it and how much Hulu will fetch. Hulu set a deadline for Wednesday for suitors to submit their initial bids, and this could turn out to be a multi-billion dollar deal, according to The Wall Street Journal.