List of seven suitors include DirecTV, Time Warner Cable
A rep for Yahoo declined comment.
Another company reported to have an appetite for Hulu, Amazon, is not going to file a bid, according to sources. A rep for Amazon declined comment.
With Yahoo on board, that brings the list of potential Hulu acquirers to seven. Bloomberg reported Friday that KKR & Co. and private equity firm Silver Lake had joined a roster that already included Guggenheim Digital, Time Warner Cable, DirecTV and Chernin Group.
Silver Lake is said to be making the bid along with one of its investments, talent agency WME.
Yahoo was reported to be among the companies interested in making a run at Hulu but has yet to officially acknowledge any such intent.
It’s quite possible there won’t be any more bidders at this point. Owners News Corp., Disney and NBCUniversal had set a “soft” Wednesday deadline by which to accept bids, but Yahoo was able to sneak in late in the process.
Not all of the bidders are necessarily making outright acquisitions; TW Cable is said to be interested in taking a stake in the company, as opposed to swallowing it whole. Other reports have suggested that the MSO could team up with other pay-TV distributors to turn Hulu into a TV Everywhere portal.