Yahoo Withdraws from Hulu's Bidding Process
Yahoo started the bidding process in the first place, and is now completely out of the picture because of recent strategic reviews.
Yahoo has withdrawn from the bidding process for Hulu, according to the Wall Street Journal.
The report comes on the tails of Yahoo’s shift of leadership with the firing of former CEO Carol Bartz.
In the meantime, Dish Network, Google and Amazon are all still in the bidding war for the site. Each company has a different offer for the video streaming platform. Amazon hasn’t disclosed its offer, but Dish made a bid worth about $1.9
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in