Yahoo bid for Hulu may total up to $800mln

PanARMENIAN.Net - According to numerous sources close to the situation, Yahoo has bid from $600 million to $800 million for the premium video site Hulu, AllThingsD reported.

The reason for the wide range is due to the fact that the Silicon Valley Internet giant — similar to most bidders in the new effort to acquire Hulu — has proposed several different prices based on a variety of circumstances. That includes the length of the licensing rights for content and how much control the programming companies selling Hulu have over their media.

At the same time and separately, according to sources inside the company, Yahoo is also contemplating at least two other significant purchases — in the $150 million to $200 million range — each for a mobile and a communications company.

However, sources said that Yahoo’s CEO Marissa Mayer is more focused on the integration of Tumblr, as well as other acquisitions that will bolster other key product areas.