Yahoo's Hulu Bid Is Between $600M to $800M: Report

Yahoo has bid between $600 million to $800 million for premium video-streaming service Hulu, according to sources.

The wide range is due to the fact that Yahoo has tabled several different offers that vary depending on certain factors, including the length of licensing rights for content, as well as the control that Hulu's current owners — Comcast, Disney and News Corp. — will maintain over their content, All Things D reported Sunday.

Company sources also told the site that Yahoo is considering buying a mobile company and a communications company, each for a price of around $150 million to $200 million.

Yahoo is among a long list of businesses that want to acquire a stake in Hulu. They include: The Chernin Group (in partnership with Providence Equity), Guggenheim Digital, DirecTV and Time Warner Cable, as well as private equity firm KKR and talent agency William Morris Endeavor (in partnership with Silver Lake).

The bid for Hulu is Yahoo's latest effort to build up its video offerings. In April, the Internet giant announced that it struck a deal to exclusively stream Saturday Night Live content.

Just last week, Yahoo spent $1.1 billion to acquire blogging tool Tumblr, and bought gaming platform startup PlayerScale days later.

Reports that Yahoo put in a bid for Hulu surfaced several days ago.

When reached via email, Hulu declined to comment. Yahoo did not immediately respond to a request for comment.

What do you think of Yahoo's Hulu bid? Is the service worth upwards of $800 million? Discuss in the comments, below. 

Source: mashable