Quantcast
Channel: The Appside » Hulu
Viewing all articles
Browse latest Browse all 10

Yahoo tipped to buy Hulu

0
0

huluYahoo CEO Marissa Mayer has reportedly met with executives at Hulu with a view to buying the online video service.

AllthingsD reports that Yahoo is “in the process” although has not made a formal bid for Hulu, citing several sources close to the matter. A purchase would, however, make a lot of sense: Yahoo’s recent attempt to buy Dailymotion was stymied by the French government, while News Corp and Disney, who each control a third of Hulu, are said to have been exploring a sell off for months. Last month, for example, former News Corp president Peter Chernin apparently bid $500m for Hulu.

Coincidentally, Mayer outlined the importance of video for Yahoo at a Wired conference yesterday. “I think video is really important … video is something that we’re all innately designed and born to experience, everyone is born being able to watch and to hear,” she said. “Video is just this amazing format.”

The post Yahoo tipped to buy Hulu appeared first on The Appside.


Viewing all articles
Browse latest Browse all 10

Latest Images

Trending Articles





Latest Images