Yahoo! buying Hulu?
There is no certainty about the deal, but Yahoo! is interested in buying online video company Hulu.
Yahoo! is clearly interested in getting a bigger slice of the online video advertising pie. Days ago Yahoo! tried to buy 75% of the French site Dailymotion, owned by Telecom, but was not able to close the deal. The growth of online video advertising is the main reason behind Yahoo's interest in acquiring properties in that space.
Hulu is owned by News Corp and Disney, and according to Reuters, the board of the company has been meeting with potential buyers. Hulu is valued in two billion dollars at the time.
Google, Amazon, Guggenheim Partners and Chernin Group apparently are also interested in buying Hulu.