Yahoo’s Hulu Offer Is Between $600 Million to $800 Million: Report

This might be Memorial Day weekend in the U.S. but the news about Hulu's growing list of suitors continue to move at full speed.

According to several media reports on Sunday, Yahoo Inc. has made a formal offer for Hulu that ranges between $600 million to $800 million. The offer, which was confirmed by unidentified sources to Reuters, puts Yahoo in the company of other suitors for the video service owned by News Corp and Walt Disney.

Hulu, whose premium service Hulu Plus counts over 4 million subscribers, offers subscribers video content from hundreds of providers, including Hispanic-targeted TV networks Azteca America, Estrella TV, History en Español, NUVOTV, Tr3s, Univision, Galavision and Unimás.

Just last week, Yahoo spent $1.1 billion to acquire blogging tool Tumblr, which is used around the world to upload photos and videos, and is widely used by several Spanish-language media companies, including Univision, NBCUniversal and Conde Nast, among many others.


Editorial Staff (@portada_online)

Portada is the leading source of news and analysis on the Latin Marketing and Media space. Credibility is our biggest asset: The Portada team is very passionate about producing high-quality independent content that helps drive forward the Latin Marketing and Media space.
El equipo editorial de Portada se apasiona por elaborar contenidos de alta calidad. La credibilidad es nuestro mayor activo. La misión de Portada es ayudar a profesionales de negocios y medios a comprender y alcanzar a consumidores latinoamericanos, del mercado hispano de EE UU y España.

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