/// Yet Another Hulu Bidder! Yahoo Is In, Too.
Add one more name to the Hulu bidding derby: Yahoo, which just announced plans to buy Tumblr for $1.1 billion , has made an offer on the video website as well. The Web giant submitted a bid for the video site this morning, according to a person familiar with process. Other people looking to buy all or a piece of Hulu include: Directv, Time Warner Cable William Morris Endeavor, along with with PE backer Silverlake KKR Guggenheim Digital The Chernin Group As AllThingsD reported earlier this month , Yahoo CEO Marissa Mayer and COO Henrique De Castro have met with Hulu’s team recently for a get-to-know-you; Yahoo had previously tried to buy a large stake in French video site DailyMotion, but that bid was stymied by the French government. Yahoo declined to comment. The question, as it always is with Hulu, is what its owners — News Corp., Disney and Comcast — are actually willing to sell, and at what price. The three media conglomerates provide the site’s most valuable programming, primarily via shows that have already aired on their broadcast networks.
Yet Another Hulu Bidder! Yahoo Is In, Too.
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