Hulu’s free streaming service, which it launched in 2007, soon will be just a memory; the service instead is going to concentrate on growing its subscription service that now has roughly 12 million subscribers.
But for you (few) users who are still using “free” Hulu, you won’t be left high and dry.
Verizon, the odds-on favorite to buy Yahoo, today finalized the deal, paying $4.83 billion for Yahoo’s Web assets and in the process expanding its digital advertising business.
It appears Verizon isn’t the only company that has Yahoo on it’s shortlist.
CNBC is reporting that there have been multiple offers made to the troubled Internet portal for its core business, several above $5 billion, which puts Verizon’s reported $3.5 billion bid in the rearview mirror.
Yahoo’s board meets Friday to weigh the offers it’s received.
The disparity in bids may be due to different offers being made for different Yahoo “core” assets.
Yahoo will stream one Major League Baseball game a day on its Yahoo Sports main page – 180 games in all -- giving baseball fans one more way to watch… for free.
The season-long deal follows Yahoo’s initial experiment with MLB last season, when it offered some free games during the 2015 season.
Verizon’s on-again, off-again love affair with Yahoo has apparently been reignited, with Lowell McAdam, the telco’s CEO, on Friday telling CNBC’s Mad Money that Verizon is, in fact, considering a bid for the beleaguered Internet portal.
"We have to understand the trends,” McAdam said. “At the right price, I think marrying up some of their assets with AOL and the leadership would be good.”
CBS and NBC will each televise five Thursday Night Football games in 2016 and pay a lot more for the privilege. What entity will get the rights to stream 10 of the Thursday night games has yet to be announced, but is expected to come soon as the NFL said it’s in the middle of “active discussions with potential digital partners.”
Belt tightening has prompted Yahoo to close its offices in Argentina and Mexico, although it said it has plans to continue to operate in Latin American through its offices in Brazil and Coral Gables, Fla.
The news was first reported in Tech Crunch.
A Yahoo spokesperson confirmed the move and attributed the decision by the struggling Internet company on an effort to focus on “maximizing growth.”
The NFL’s Thursday Night Football broadcasting rights remain up for grabs with CBS possibly sharing the regular-season games with another broadcast network, according to published reports.
CBS has, for the past two year, shared the games with cablenet NFL Network, but the latest proposal from the league has raised the possibility that another broadcaster – or two – could join the party.
NBC and Fox are the most likely to participate.
Listening to NFL execs after last October’s regular-season experiment, in which it partnered with Yahoo for a first-ever live Internet broadcast of a regular season game, there was little doubt the league wanted to move forward.
The big questions were: With whom? When? And to what extent?
The answers: Google or Apple, next season and limited.
The turmoil at Yahoo continues as the once venerable Internet portal continues to redefine itself, this time by shutting down its Yahoo Screen app, which it had backed with some pretty pricey content, including episodes from Saturday Night Live, clips from NFL games, original content and even the relaunch of the popular comedy Community after NBC dropped the show.
But the end of Yahoo Screen doesn’t necessarily mean the end of Yahoo’s video ambitions.
Google, Apple, Yahoo and Amazon are among the digital partners the NFL has sent RFPs to as it puts the rights to Thursday Night Football back on the auction block, according to a published report.
Sports Business Daily is reporting that the league is looking to craft a one-year deal with a league option for a second year, leaving room for a quick change as the marketplace evolves.
Humans are pretty keen on routine. In fact, we’re so fond of the rut we’re in that there’s even a name for the phobia that is linked to a fear of change: Metathesiophobia, which is really a long way of saying: “I just want to watch the NFL on my TV at home on Sunday.” Got some bad news. Change is coming.