DirecTV reportedly one of three $1 billion-plus bidders for Hulu

DirecTV reportedly bidding $1 billion for Hulu

And then there were three. Bloomberg is reporting that a trio of companies are hoping to fork out over one billion dollars for the privilege of taking online video service Hulu under their wing, and DirecTV is one of them. While we’re not quite sure which other companies are involved in the process, we’ve been told that Yahoo, Time Warner Cable and a few others have at least thrown out offers, with no confirmation on how much they were willing to spend. Although those “people with knowledge of the bid” could include a few hoping to encourage more $1b+ offers, those extra large checks increase the odds Hulu will actually sell this time. We’re quietly hoping that this potential bidding war will be resolved through an arm wrestling match, though DirecTV’s legal team likely wouldn’t approve.

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Source: Bloomberg

Tumblr creative director quits after Yahoo acquisition

Could it be that the recent Yahoo acquisition of Tumblr rubbed some people the wrong way? Yahoo CEO Marissa Mayer said that they wouldn’t screw it up, but sometimes you can’t make everyone happy. It turns out that Tumblr’s creative director and one of the company’s first employees, Jacob Bijani, is stepping down from his post.

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Bijani doesn’t mention the reason for his leave, but he says that he’s “proud” of the work that Tumblr has done, and it was “a privilege to contribute to something beloved by so many.” He says he’s excited about the future of Tumblr and is looking forward to seeing what’s next for the company and the product, noting that it will most likely “be nothing short of incredible.”

Could it be the first of many big departures for Tumblr? While Tumblr CEO David Karp seems to be all on board with the acquisition, many employees may not feel the same way. I mean, we wouldn’t be surprised if every Tumblr employee was on board with it, but we’re certainly a bit surprised to see that one of the original employees is heading out.

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Bijani says that there’s still a lot more that he wants to accomplish, mentioning that he has “about a dozen different projects” on the back burner, so it seems he isn’t quitting his profession, but the timing of the departure is a curious one, and if we had a portion of that cool $1.1 billion, we don’t blame Bijani for taking “some time off to digest the last few years.”

VIA: Valleywag


Tumblr creative director quits after Yahoo acquisition is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Tumblr Brings In-Stream Ads To Its Website

Tumblr has announced that it is now bringing in-stream ads to the website. This advertising model initially debuted on mobile apps last month.

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Tumblr Sponsored Posts hit web with dollar-sign icon

This week Tumblr has begun to roll out sponsored posts beyond their mobile application environment. While back on the 22nd of April Tumblr brought advertisements to smartphones, users working with their desktop computers and browsing their Dashboard with a web browser will see the same thing. Because the Yahoo buyout of Tumblr was announced so very recently, it’s likely this move was scheduled well ahead of said acquisition.

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As Tumblr states today, it’s been one year since the first sponsored post appeared on Tumblr Radar. This program has since garnered “more than 10 million likes and reblogs” in the months between there and here, and Tumblr is glad to usher in said content to their main console.

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Posts that are sponsored will be appearing to regular users the same way a normal piece of content would. In an effort to keep Tumblr as visually pleasing and “cool” as it has been, sponsors create advertisements in the same manner a regular Tumblr user would. This means the same title, image, placement format and everything.

Though these posts will appear in user feeds the same way they would any other post, a shining dollar sign will appear in the upper right-hand corner. As this dollar sign is a light gray and meant to be unobtrusive, these posts will “simply blend in”, as Tumblr hopes they will.

Does this sound like a positive move to you? If you’ve been using the standard Tumblr app on your iPhone or Android device, have you noticed paid posts yet? They’ve been there for a few weeks!

SOURCE: Tumblr


Tumblr Sponsored Posts hit web with dollar-sign icon is written by Chris Burns & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Yahoo News and certain other media companies must acquire license in Singapore

Some locations have requirements for media companies above others, with one of them being Singapore. Starting June 1, certain companies are going to have to seek out an individual license as set forth by the Media Development Authority, otherwise known as the MDA. Such a requirement will only be applied to companies that meet both of two requirements, however.

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The individual license requirement will, first and foremost, only apply to those who “have significant reach” and that report on Singapore’s news on a regular basis, according to Asia One. If a company falls into that category, it also must meet two others – those that don’t meet one or both of the following criteria are exempt from the individual licensing requirement.

The first requirement is that media companies have an average publication of one article per week (or more) related to Singapore news in some fashion. Such a publication rate will need to be displayed over a period of two months. Likewise, they will also need to have a minimum of 50,000 visitors every month originating from Singapore, also represented over a two month period.

For now, the companies that will need to get the new license are currently licensed automatically under the Broadcast Act, according to the Media Development Authority‘s website. When the MDA has determined that a specified website meets the requirements laid out, it will send a notification informing the business that it needs to get an individual license, which will need to be renewed every year.

While the MDA’s official announcement doesn’t specify whether it has pegged any websites yet and, if so, which ones, Reuters is reporting that Yahoo News is one such online media outlet that meets all the requirements and will have to pursue a licensing early next month. Reportedly, such a change does not effect blogs, even if they meet the requirements. Once in place, those with an individual license will be held to certain rules, such as a requirement to pull content within 24 hours of notification.

SOURCE: Asia One


Yahoo News and certain other media companies must acquire license in Singapore is written by Brittany Hillen & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Singapore to require operating licenses for Yahoo, other select news sites starting June 1st

Singapore to require operating licenses for Yahoo, other select news sites from June 1st

Singapore isn’t necessarily known for its generous media freedoms, but the Southeast Asian city-state is planning to tighten the reigns even further next month. Beginning June 1st, any online news outlet with more than 50,000 unique monthly visitors within Singapore that also reports on the country at least once each week will need to obtain an operating license from the Media Development Authority. According to a press release, the objective of such a policy, which already covers print publications, is to “provide greater clarity” when it comes to text and visual media the government will not allow to be published, such as “content that undermines racial or religious harmony.” The agency’s release lists a total of 10 online publications that will be affected by the new policy, including sg.news.yahoo.com, businesstimes.com.sg and straitstimes.com. According to a Reuters report, blogs are currently excluded, though we could see stricter regulation on that front in the future.

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Source: AsiaOne, Reuters

Yahoo’s Hulu Bid Said To Be Between $600M To $800M

Yahoo’s rumored bid for Hulu is expected to range between $600 million and $800 million.

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Yahoo Hulu acquisition rumored for $800m bid

After we recently heard about the possibility of Yahoo buying out Hulu, more information is surfacing revealing that Yahoo is said to be paying somewhere between $600 million and $800 million for the streaming service. This range is based on different options that Yahoo has laid out for Hulu, including the length of licenses and how much control content creators will still have.

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Rumors of Yahoo buying Hulu come shortly after the company bought blogging service Tumblr for a cool $1.1 billion, as well as purchasing a handful of smaller startups, including online gaming platform PlayerScale. With newly-appointed CEO Marissa Mayer at the helm, Yahoo has practically pulled a complete 180, and the Mayer is looking to turn things around for the dying company.

As more and more companies are getting into the television and movie streaming business, Yahoo has been one of the bigger companies to remain stagnant in that area, but it seems they be doing things the easy way by purchasing Hulu and calling it a day. It’s one of the most popular streaming services on the internet, right up there with Netflix.

Hulu was originally put up for sale back in 2011 for a whopping $2 billion, but after no one was interested in paying that much, Hulu eventually took down the offer and continued on with their day-to-day. However, after failing to purchase YouTube (for which Google won the prize), it seems Yahoo is looking to take another stab at a video streaming service.

According to sources close to the situation, the negotiation for the Yahoo Hulu acquisition mostly deals with the control and price of the content, rather than just negotiating a simple price for the Hulu service itself. The one question many people are probably asking, however, is if Hulu is worth $800 million. Yahoo paid over $1 billion to Tumblr, but should a popular video streaming service receive more cash?

SOURCE: AllThingsD


Yahoo Hulu acquisition rumored for $800m bid is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

The Weekly Roundup for 05.20.2013

The Weekly Roundup for 12032012

You might say the week is never really done in consumer technology news. Your workweek, however, hopefully draws to a close at some point. This is the Weekly Roundup on Engadget, a quick peek back at the top headlines for the past seven days — all handpicked by the editors here at the site. Click on through the break, and enjoy.

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Yahoo Buying A Share In Hulu [Rumor]

Rumor has it that Yahoo has submitted an offer to buy a stake in video streaming site Hulu. The value of this offer is not yet known.

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