Yahoo may be going after Hulu

The list of bidders for the streaming video site keeps getting longer.

By Kim Peterson May 24, 2013 4:12PM
Marissa Mayer on NBC News' 'Today' show on Feb. 20, 2013 (© Peter Kramer/NBC/NBC NewsWire via Getty Images)Yahoo (YHOO) has jumped into the throng of companies bidding for streaming video site Hulu, according to AllThingsD.

When CEO Marissa Mayer (pictured) goes shopping, she doesn't mess around. Yahoo just announced it would buy the Tumblr blogging site for $1.1 billion. If she's also interested in Hulu, we are starting to get a real sense of the ambitious plans she has for her company.

But Yahoo's got plenty of competition in this one. A number of heavyweights are lining up to make offers for Hulu as well, AllThingsD reports, including DirecTV (DTV), Time Warner Cable (TWC) and some well-heeled private equity companies such as KKR (KKR).

That's got to make Hulu's owners -- News Corp. (NWS), Disney (DIS) and Comcast (CMCSA) -- feel pretty good about their asset. Hulu's owners are reportedly asking bidders to file an offer by Wednesday.

The former president for News Corp., Peter Chernin, has already filed a bid of at least $500 million, Bloomberg reports.

More on moneyNOW



4Comments
May 24, 2013 5:00PM
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Whoever end up buying Hulu will be sure to make it less user friendly and add more commercials.
May 27, 2013 5:00PM
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I recently went to Sears to buy a 40" Samsung LED LCD TV that was on sale - SKU number in hand and cash in pocket. I could not attract the attention of any sales person, so after lokking at their TV's for 10 minutes, I left and bought it at Best Buy. I emailed Sears about my experience and heard nothing back. 
May 27, 2013 11:12PM
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If you pay attention to my user name, you will meet more mature or senior friends,even love mate.
And about this report, I want to say sth.
I recently went to Sears to buy a 40" Samsung LED LCD TV that was on sale - SKU number in hand and cash in pocket. I could not attract the attention of any sales person, so after lokking at their TV's for 10 minutes, I left and bought it at Best Buy. I emailed Sears about my experience and heard nothing back. 
May 27, 2013 7:53PM
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I worked at sears and the problems, are wide ranging, from college age employees that only want a  paycheck to show mom and dad, to the customers that would look you straight in the face and lie about anything and everything to get a new product, or their money back. Sears does not rent lawn equipment, power tools or anything else. Sears only needed to grow a set and get rid of the bad customers that abuse the system. I was one sears employee that would not let customers bulldoze me into GIVING them something for free. Yes a lot of the products come from overseas but you have to be competitive price wise to stay in the game. other stores don't carry anymore Made in the U.S.A. than sears. Your lucky if you can anything these days mage here. Sears biggest problems giving away the profits. Not hiring mature, people that wanted to work, not that all college age workers where bad, I worked with GREAT college age guys and girls at first. When they all left it was like the titanic sailed in the door.
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