Word on the street is Yahoo is looking to purchase Hulu for a rumored $500 Million. Although that rumored price sounds a bit too low, especially for something like Hulu who has really made a name for themselves in streaming media and the market as a while, I could see the deal going through. With Yahoo’s current acquisition of Tumblr, it looking like they’re trying to go the route of services! This is a current trend in the market as of late, lets see if it pays off for them.

NO COMMENTS