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Report: Yahoo becomes the latest company to place a bid on Hulu

Report Yahoo becomes the latest company to place a bid on Hulu

The rumors on the potential sale of Hulu started circulating again a couple of months back. Now, according to AllThingsD, Yahoo is joining other big-name companies (such as Time Warner Cable and DirecTV) in the race to try and acquire the streaming service. Per the always-insightful sources "familiar with the process," Marissa Mayer & Co. submitted a bid for Hulu just this morning, though there are no details on how much the company is willing to spend on the video site. Something tells us we'll know more soon enough, but we can say with confidence that Yahoo is starting its holiday shopping really early.

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Source: AllThingsD