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AfterDawn > News > Yahoo to bid between $600 and $800 million for Hulu

Yahoo to bid between $600 and $800 million for Hulu

Written by Andre Yoskowitz @ 27 May 2013 10:03 User comments (7)

Last week we reported that Yahoo would be placing a bid to purchase video streaming site Hulu.

Today, ATD is reporting that the bid will be between $600-$800 million, depending on what kind of content deal terms it can get from Hulu's owners, Comcast, Disney and News Corp. (NBC, ABC and Fox on broadcast).

In the past two months, DirecTV, Time Warner Cable, PE firm Silverlake, PE firm KKR, Guggenheim Digital and Peter Chernin's The Chernin Group have all expressed interest if not already placed bids for the video site.

The site is currently jointly owned by News Corp., Disney and Comcast (without any management authority) and it is clear that they will not accept under $1 billion as a straight bid, meaning Yahoo's offer seems low.

Tags: Hulu Yahoo

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7 user comments

127.5.2013 10:55

Jemborg

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Senior Member

I'm surprised that Yahoo still exists. 0_0

227.5.2013 10:58

cyprusrom

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AfterDawn Addict

How is yahoo bidding on itself? Must be some kind of anti-self-bidding law:)

327.5.2013 16:28

ddp

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Moderator

server issue as i just tried editing the title but still shows up with the 2 yahoos.

427.5.2013 18:21

GryphB

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Member

Meh, I don't use Hulu. But yeah, I use yahoo for the IM service(not the actual messenger, I use Pidgin on Linux).

527.5.2013 20:02

ruff469

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Junior Member

Don't do it HULU. That means you are doing the right thing. HULU is an awesome alternative to the high priced regular tv subscriptions. My kids discovered it a couple of years ago. I was paying $140 a month and the only shows we watched was on Cartoon network and no sports. $140 a month to $7.99. a month. Never looked back.

627.5.2013 22:43

Jemborg

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Senior Member

Originally posted by ddp:
server issue as i just tried editing the title but still shows up with the 2 yahoos.

It came thru with 2 yahoos in the email but here, from Oz, it's been edited.

Is HULU available in Oz btw?

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This message has been edited since its posting. Latest edit was made on 27 May 2013 @ 10:44

727.5.2013 23:01

Bozobub

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Senior Member

I'm not sure, Jemborg, but I don't believe so. Why not try the free version of the service, however, and see?

This message has been edited since its posting. Latest edit was made on 27 May 2013 @ 11:02

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Yahoo to bid between $600 and $800 million for Hulu

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