Yahoo May Be Looking At Hulu
Yahoo has reportedly begun talks on a possible purchase of the online video website Hulu, the AllThingsD site reported Wednesday.
Previously, the French government blocked Yahoo's effort to take a controlling stake in video-sharing site, Dailymotion.
The report said Yahoo chief executive Marissa Mayer recently met with top executives at Hulu, and that the site's owners have been considering selling it for some months.
It said other possible bidders for all or part of Hulu include Amazon, former News Corp. executive Peter Chernin's media and investment firm, and Guggenheim Partners' digital unit led by former Yahoo! interim CEO Ross Levinsohn.
Yahoo had been in talks to buy a 75 percent stake in Dailymotion, which is controlled by France Telecom through its Internet division Orange.
The French government, which holds a 27 percent stake in France Telecom, had insisted on a 50-50 split, rejecting Yahoo's efforts, according to government officials.
The report said Yahoo chief executive Marissa Mayer recently met with top executives at Hulu, and that the site's owners have been considering selling it for some months.
It said other possible bidders for all or part of Hulu include Amazon, former News Corp. executive Peter Chernin's media and investment firm, and Guggenheim Partners' digital unit led by former Yahoo! interim CEO Ross Levinsohn.
Yahoo had been in talks to buy a 75 percent stake in Dailymotion, which is controlled by France Telecom through its Internet division Orange.
The French government, which holds a 27 percent stake in France Telecom, had insisted on a 50-50 split, rejecting Yahoo's efforts, according to government officials.
