Yahoo Reportedly Bidding to Purchase Hulu
Reuters is reporting that Yahoo is now a contender to purchase TV streaming site Hulu. Yahoo joins a growing list of bidders that reportedly includes Time Warner Cable Inc., DirecTV, former News Corp president Peter Chernin and Guggenheim Digital Media.
Hulu is currently owned by News Corp and Walt Disney Co. Yahoo has not yet released a statement.
Got news tips for Paste? Email email@example.com.