hulu

Yahoo bids on Hulu says source

Yahoo bids on Hulu says source

Hulu has been a source of rumors for months now, with word surfacing in March that the video service's board is looking into selling the service. Not too long after that, sources began popping up claiming various entities have been in talks with or placed bids on Hulu, including one of its owner's former president. Now another source has surfaced, this one telling the folks over at AllThingsD that Yahoo! has placed a bid for the platform.

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Former News Corp. president reportedly places $500 million bid for Hulu

Former News Corp. president reportedly places $500 million bid for Hulu

It is no secret that Disney and News Corp. have been looking into selling video-streaming service Hulu, with sources having dropped information over the past weeks about what is happening behind the scenes. Word had it the two companies were, at one point, looking at buying out the other to take control of the service, and then sources said they were entertaining potential buyers. Now individuals who are said to be familiar with the happenings have stated that News Corps.' former president has placed a bid.

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Hulu’s board reportedly looking into selling the service

Hulu’s board reportedly looking into selling the service

The news isn't surprising to anyone who has been following the Hulu business saga, but word has it that Disney and News Corp. are reaching out to potential buyers to see what kind of interest there is out there for acquiring the company. The information comes from two sources who are said to be familiar with the matter, and follows soon after it was announced that Andy Forssell will be serving as acting CEO.

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Hulu announces Andy Forssell as acting CEO

Hulu announces Andy Forssell as acting CEO

We've known for quite some time now that Hulu's CEO Jason Kilar will be leaving the company, a tidbit of information that first showed up in Variety back in August 2012. Since then, more information about the departure has been revealed, but one piece of the puzzle has been missing: who will replace him. That mystery ended today with a letter posted by Kilar on Hulu's blog.

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News Corp. and Disney allegedly in talks over the future of Hulu

News Corp. and Disney allegedly in talks over the future of Hulu

According to sources, News Corp. and Disney are in talks about one of the companies possibly buying out the other to take control of Hulu, with NBC remaining the minority in the matter. Both Disney and News Corp. own about a third of Hulu each, and both are said to differ on how they feel the company should be monetized. Says the sources, these talks are in the beginning stages.

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