Feeds

Hulu still flirting with suitors despite Yahoo! pull out

Premature exit as Yang considers own future

3 Big data security analytics techniques

Yahoo! is believed to have pulled out of negotiations to acquire Hulu, leaving Dish, Google and Amazon all still vying for the asset.

The Wall Street Journal reports that Hulu's powerhouse owners are still mulling over the merits of selling.

Hulu is owned by News, Walt Disney, Comcast/NBCUniversal and private equity firm Providence Equity Partners. Following Yahoo’s drop-out, satellite-TV broadcaster Dish has emerged as the most likely bidder. According to WSJ speculation, Dish put in an initial bid of $US1.9 billion but has recently reworked its offer. Google has estimated Hulu’s value at around $US1.5 billion to $US2 billion.

Yahoo’s withdrawal from the process was prompted by its own ownership crisis as its bankers, Allen & Co and Goldman Sachs, pursue a strategic review.

As reported by The Register yesterday, Yahoo! co-founder and former CEO Jerry Yang has indicated that he wants to take the ailing web company out of the stock market in a deal with private equity firms.

Meanwhile, Chinese outfit Alibaba has emerged as a mooted bidder for Yahoo! in partnership with Silver Lake and Russian Web firm Digital Sky.

Speculation has emerged that Yang wants to hold on to his 3.63% stake while going back to private investment. A new unlisted entity would have interesting implications for its JV's around the world. It would reshape the landscape of the Seven Network's tie-up in the Yahoo!7 tie-up. ®

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.