Yahoo just spent $1.1 billion of its cash horde to acquire Tumblr, a blogging site with 300 million mostly young-ish visitors and 24 billion minutes of usage per month. Yahoo CEO Marissa Mayer's team can slap a lot of tasteful, personalized native ads into the Tumblr content streams to monetize the fast growing site. It's the same way that Facebook and Twitter hope to get into the tens of billions in revenue league, but it's a long and winding road.
Yahoo has reportedly made a bid to buy online video service Hulu.
The veteran media company, just days after announcing a $1.1 billion takeover of Tumblr, submitted an offer Friday morning to snatch up the popular Web and mobile streaming app for TV and movie content, according to AllThingsD.
Yahoo joins others such as Directv, Time Warner Cable, and The Chernin Group in making a play for Hulu, which is jointly owned by Walt Disney, News Corp., and Comcast. Guggenheim Digital, headed by former interim Yahoo CEO Ross Levinsohn, is also in the mix.
The Internet titan's interest … Read more
Companies looking to get a piece of the Hulu pie had until this week to put in their first round of bids for the video streaming service. And, it appears that four companies have gone in for a slice.
Former News Corp president Peter Chernin, private equity fund Guggenheim Digital Media (which is headed the former interim Yahoo CEO by Ross Levinsohn), satellite operator DirecTV, and cable operator Time Warner Cable have all put in bids, according to Reuters.
Hulu has supposedly been looking for a buyer over the past couple of years, and recently several companies have allegedly expressed … Read more
While most companies are making the jump from Web to mobile, NextGuide, the app that tells you when and where your favorite shows are on, has decided to go the opposite way. The social TV guide for iOS is now available on the Web.
NextGuide Web has the same functions as the iPad app and aims to bring together live TV and streaming videos. Users can pick their favorite shows and keep track of when, and where, the shows are available online or on TV.
"There's a lot of confusion around TV," said Jeremy Toeman, the CEO … Read more
Satellite TV provider DirecTV is thinking about buying all or parts of streaming-video site Hulu, according to news reports Friday.
An unnamed source told The Wall Street Journal that Hulu's owners, which include Walt Disney Company and Comcast, are considering several options for the site's future, including selling it.
Other unnamed sources told Bloomberg that DirecTV is still in preliminary discussions regarding Hulu and that it's not clear if DirecTV will buy some or all of Hulu.
Hulu is an attractive platform for TV providers like DirecTV because it would let them tap into online audiences. DirecTV … Read more
While it appears Netflix is continuing to grow as the dominant video streaming service in the U.S., its competitors are also growing, according to Internet research firm Sandvine.
Video streaming, or "real-time entertainment," is on the rise overall and those companies involved are seeing their businesses grow. However, their market share has remained static. According to a survey (pdf) released Tuesday by Sandvine, Netflix has 32.3 percent of the market share, while YouTube has 17.1 percent, Hulu has 2.4 percent, and Amazon has 1.31 percent. And, those numbers haven't changed … Read more
It's looking like a possible Hulu buyout may be heating up. Reportedly, Yahoo's CEO Marissa Mayer recently met with the video streaming company's corporate owners, according to AllThingsD.
Hulu has been rumored to be looking for a buyer over the past couple of years and recently several companies have allegedly expressed interest. Of those said to have reached out to Hulu's execs are Ross Levinsohn, the former interim Yahoo CEO who now works for Guggenheim Partners. Yahoo and Amazon have also allegedly expressed interest.
Now, it seems like Yahoo may be upping it's pursuit.
It'… Read more
Here's the good news: Roku and Hulu have teamed up for another sweet deal.
The "special offer for Mother's Day" includes a Roku HD box, a six-month Hulu Plus subscription, a 6-foot HDMI cable, and shipping, all for $79.99 (plus sales tax where applicable -- though I'm not sure why).
Here's the bad news: Unless you spend an extra $14.99 to upgrade to 2-day shipping, there's no guarantee the bundle will arrive by Sunday (meaning this Sunday, May 12, in case you haven't checked your calendar lately). The free-ground-shipping option … Read more
Recently my media-center PC died (well, the hard drive -- when you start seeing boot-screen messages about "imminent hard drive failure," believe them!). All those episodes of "Community" and "Once Upon a Time" I'd DVR'd for later viewing -- gone.
Hulu Plus to the rescue! Yeah, you have to sit through commercial breaks (albeit way shorter ones than during regular broadcasts), but it's still the best (and cheapest) way to watch first-run TV shows.
A typical Hulu Plus trial lasts just seven days, but for a limited time, StackSocial is offering … Read more
Former News Corp. President Peter Chernin wants to buy Hulu for about $500 million, Reuters reported today.
Unnamed sources told the news service of Chernin's interest in the video-streaming site. Chernin, a former Hulu board member, helped create Hulu in 2007. He left News Corp. in 2009 to start The Chernin Group, which owns other media companies, such as Pandora Radio.
News Corp. and Walt Disney, which currently own Hulu, were said to have reached out to potential buyers in March.
Providence Equity Partners, one of the Chernin Group's investors, sold its 10 percent stake in Hulu last … Read more