Yahoo has begun talks on a possible purchase of the online video website
Hulu, the Dow Jones news site AllThingsD reported Wednesday.
comes after the French government blocked Yahoo's effort to take a
controlling stake in another leading video-sharing site, Dailymotion.
report said Yahoo chief executive Marissa Mayer recently met with top
executives at Hulu, and that the site's owners have been considering
selling it for some months.
It said there had been no formal bid
by Yahoo for Hulu, a joint venture of News Corp, Disney and Comcast. But
it noted that other possible bidders for all or part of Hulu include
Amazon, former News Corp. executive Peter Chernin's media and investment
firm, and Guggenheim Partners' digital unit led by former Yahoo
interim CEO Ross Levinsohn.
Mayer, who moved from Google to take
the reins at Yahoo last year, is believed to be focusing on mobile and
video as ways to revive the fortunes of the Internet pioneer.
had been in talks to buy a 75 percent stake in Dailymotion, which is
controlled by France Telecom through its Internet division Orange.
(Also see: Yahoo considering buying stake in video site Dailymotion: Report)
French government, which holds a 27 percent stake in France Telecom,
had insisted on a 50-50 split, rejecting Yahoo's effort, according to
Hulu, which has been battling rivals like
Netflix in the area of streaming video, generated some $700 million in
revenues last year. It has around four million subscribers to its
premium video service.
In 2011, Hulu owners said they were opposing a sale despite the reported interest of Apple, Yahoo, Google and Microsoft.