Latest News: Technology |  Celebrity |  Movies |  Apple |  Cars |  Business |  Sports |  TV Shows |  Geek

Trending

Filed under: News | Technology News

 

Yahoo reportedly bids $800 million to acquire Hulu

May 26 2013, 11:58pm CDT | by

1 Updates
Yahoo reportedly bids $800 million to acquire Hulu
 
 

YouTube Videos Comments

Recommend Your Tweet as Top Tweet:

Full Story

Yahoo reportedly bids $800 million to acquire Hulu

Yahoo reportedly bids $800 million to acquire Hulu

Yahoo has recently acquired social blogging platform Tumblr, but as far as the Internet giant's ambition goes, it is not resting on its laurels yet. AllThingsD is reporting that Yahoo is bidding to acquire video streaming service company, Hulu.

Sources close to the situation said that Yahoo is willing to fork $600 million to $800 million, initially. Hulu, which is jointly owned by News Corp., Disney, and Comcast, would be a good pick for Yahoo. The company already lost a bid to acquire YouTube many years ago, and just recently, its effort for acquire a huge stake in the French video site, Dailymotion, was unfortunately stalled by the French government.

Sources added that the deal, should it succeed, will be about "control and price of the content." For now, the story remains floating like a dandelion, waiting to be confirmed. 

Source: AllThingsD

 

iPad Air Giveaway. Win a free iPad Air.

You Might Also Like

Updates


Sponsored Update


Advertisement


More From the Web

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/21" rel="author">Gene Ryan Briones</a>
Gene Ryan Briones (Google+) is a technology journalist with a wide experience in writing about the latest trends in the technology industry, ranging from mobile technology, gadgets and robots, as well as computer hardware and software.

 

 

Comments

blog comments powered by Disqus

Latest stories

Johnny Manziel's Jersey is NFL's Top Seller
Johnny Manziel's Jersey is NFL's Top Seller
Cleveland Browns rookie quarterback Johnny Manziel's jersey is the NFL's top seller.
 
 
Baltimore Orioles Hope Ubaldo Jimenez Returns Soon
Baltimore Orioles Hope Ubaldo Jimenez Returns Soon
The Baltimore Orioles hope starting pitcher Ubaldo Jimenez, who hasn't taken the mound since July 5 due to a sprained right ankle, can return soon.
 
 
David Ortiz Moves Up to 36th All-Time in Home Runs
David Ortiz Moves Up to 36th All-Time in Home Runs
Boston Red Sox designated hitter David Ortiz homered twice in his team's 14-1 rout of the Toronto Blue Jays on July 21 to move up to 36th all-time in home runs, surpassing Red Sox legend Carl Yastrzemski.
 
 
George Clooney Worries About Daily Mail &#039;Bleeding Into American Press&#039;
George Clooney Worries About Daily Mail 'Bleeding Into American Press'
George Clooney gave an interview on Friday to Variety, opening up about his problems with the Daily Mail and why he's worried about journalism.
 
 
 

About the Geek Mind


Read more about The Geek Mind.