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AllThingsD: Yahoo Bids Between $600-$800 Million for Hulu

AllThingsD reports that Yahoo has bid between $600 million to $800 million for the premium video site Hulu, according to numerous sources. The range of the bid reflects a number of conditions such as the length of the licensing rights for content and how much control the studios (Comcast, Disney and News Corp) who are selling Hulu will retain over their media. It is also rumored that Yahoo is considering purchasing a mobile company and a communications company, each in the range of $150 million to $200 million, according to numerous sources within the company.

Read the full story: AllThingsD