News Byte

Time Warner Cable’s Bid for Hulu Is to Be Fourth Owner

According to numerous sources close to the situation, Time Warner Cable’s bid for Hulu is to be the fourth owner of the premium video service. The other bidders for the service — which has noisily been put on the block by its big media company owners, 21st Century Fox (formerly News Corp.), Comcast and Disney — include: AT&T in a joint bid with former News Corp. COO Peter Chernin; Guggenheim Partners; and DirecTV. Sources said that TWC would be a solution if there is a desire to hold onto the property, with other bids hovering in the $1 billion range.

Silver Lake Abandons Hulu Purchase Effort, as Final Bidding Deadline Arrives Today

The longest-running and noisiest sale of all time move to the final bidding stages.
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Yahoo’s Bid for Hulu in $600M to $800M Range — Even as It Preps Other Big Deals in Mobile and Communications

Get ready for a very noisy game of musical chairs over the premium video site. Meanwhile, Mayer is still shopping for deals.
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Yahoo Is Among Those Mulling a TVGuide.com Bid for About $20 Million

Kicking the tires of the entertainment listings, video and news site.
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Yahoo Intensifies Search for CEO (With Hulu’s Kilar as One Dream Unicorn Candidate)

Wanted, one magical exec to work miracles against increasingly troublesome dragons. Ability to sparkle a plus.
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News Byte

PE Firms Meeting With Yahoo Board Members Today

I vow not to bash you over the head too much in an endless roundelay of posts about back-and-forth deal wrangling between Yahoo and its possible bidders in a proposed partial investment deal. But sources said that board chairman Roy Bostock and other members of its strategic committee are doing more hurrying up and less waiting by more formally meeting with the two PE firms that have made bids. Silver Lake’s confab takes place today.

Three Months After Bartz’s Firing, It’s Hurry Up and Wait at Yahoo (A Big Honking Update)

Still no sale or investment deal. No new CEO. No Asia resolution. And, perhaps most importantly, no clearly articulated strategy going forward. Other than that …
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Wielding a Sword of Damocles, Yahoo’s Asian Partners Await Answer on Yet Another Proposal to Buy Back Shares

While last week’s swirl around an Alibaba takeover of Yahoo were overhyped and premature, a lot of what will happen depends on negotiations to settle a longtime asset dispute.
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Yahoo Stock Gets Gaslit by Bidders Dangling Phantom $20-a-Share Bid

There is no $20 bid for Yahoo today. So why was it suddenly news? Time to blame Wall Street again.
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Yahoo Bidders Come in at $16.50 to $17.50, With Plan to Keep Jerry Yang on Board

As the Yahoo turns, the board finally gets down to brass tacks of a possible deal.
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The $35,000 House Tour, Guided by Bill Gates