Yahoo! has set aside $1.1 billion to purchase Tumblr and now wants to spend even more… for Hulu. Joining the likes of DIRECTV, Time Warner Cable, Guggenheim Digital, and other major media players, Yahoo! placed a bid on the video website Friday morning. The last time Yahoo! was considering purchasing Hulu, it was prepared to drop $2 billion, but the buy fell through due to disputes over content deals and other matters.
Details of the dollar amount of Yahoo!‘s Hulu bid have not been released. Read more at All Things Digital.
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