Now Yahoo Is Going After Hulu
Marissa Mayer joins list of big suitors, says AllThingsD
By John Johnson, Newser Staff
Posted May 24, 2013 5:37 PM CDT
Yahoo CEO Marissa Mayer.   (AP Photo/Keystone, Laurent Gillieron)

(Newser) First Tumblr, now Hulu? On the heels of its billion-dollar acquisition of the blogging site, Marissa Mayer's Yahoo has put in an offer for the video-streaming site, reports AllThingsD. This time, however, Yahoo has some serious competition, with the likes of DirecTV, Time Warner Cable, private-equity firm KKR, and an investment team led by former News Corp exec Peter Chernin among those in the mix, reports Reuters and Bloomberg.

How much the suitors are bidding isn't clear, reports the Wall Street Journal, which says it will take weeks to work through the offers given the complications involved with broadcasters licensing their shows to Hulu. A range of outcomes is possible, from no sale at all, to a bidder taking a minority stake, to a bidder taking over entirely. Hulu is currently owned by News Corp, Walt Disney, and Comcast, the parent companies of Fox, ABC, and NBC.

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May 28, 2013 1:36 PM CDT
Someone at Newser is in love with this "Marissa." Everytime I sign in there she is?
May 25, 2013 10:21 AM CDT
(R) 2014 & 2016 Gov. RICK PERRY Report: It is a very creative and productive project for Yahoo CEO Marissa Mayer to have ambition to Hulu, the future Hulu can pave a way for the college students who are majoring in Communication and Theatre, Radio-Television, let the students and graduates to expose their own talent and performance before Hollywood, Las Vegas, NBC Universal, Fox, and ABC-Disney give them a chance. The Texas A&M University-Commerce's College of Communication and Theatre and Radio-Television, A&M-Commerce will observe this great opportunity from Hulu; sooner, we are interested in the new start-up Asian-American TV drama and cultures programs, the original Cantonese-American cultures since American railroad construction workers and gold miners in the continental States of America. We are also hoping the Hong Kong's ATV will support the Internship to our American graduates as well.
May 25, 2013 9:28 AM CDT
Why does everything have to be owned by megaconglomerates? What happened to free enterprise competition? All you get with moves like this is the big guy being able to sock it to you. Where are you going to go if one company has gobbled up all the competition?