Hulu Video Streaming Service to Be Bought by Yahoo?
Online video-streaming service Hulu may be up for sale and Yahoo! is reportedly very interested to buy the popular web video service. Hulu is owned by Comcast, Walt Disney and News Corp.
According to a report from AllThingsD, the offer from Yahoo to buy Hulu came into play when the Internet giant's intention to buy a large stake of the French video site DailyMotion didn't materialize due to the French government's lack of support on that deal.
Meanwhile, Reuters have reported that Hulu was put on the auction block this year for the second time after disagreements between two Hulu owners News Corp and Walt Disney Company on how to best operate the TV programs and videos that stream on the service.
On one hand, according to a report from Business Insider, other companies interested to buy Hulu includes KKR, Silver Lake, Time Warner Cable, the Chernin Group, and Guggenheim Digital. DirecTV was also reported to have shown interest to buy Hulu.
Hulu offers a selection of hit shows, clips, movies, and a large selection of videos from 480 content companies. It has a free and paid version where users can watch a variety of streaming online video content on their mobile phones, tablets, gaming consoles and smart TVs.
Now the question is, which company is going to prevail to acquire Hulu? Is Yahoo going to have the lucky charm once again after the company's successful buyout of the social blogging site Tumblr? Is Yahoo going to outbid the aforementioned companies to further expand its business empire? It would be very interesting to watch and hear what happens next with Hulu and its bidders in the coming days ahead.