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Yahoo said to press play on Hulu bid

The media company is reportedly keeping things cool with another big bid -- this time for online video.

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Stephen Shankland/CNET

Yahoo has reportedly made a bid to buy online video service Hulu.

The veteran media company, just days after announcing a $1.1 billion takeover of Tumblr, submitted an offer Friday morning to snatch up the popular Web and mobile streaming app for TV and movie content, according to AllThingsD.

Yahoo joins others such as Directv, Time Warner Cable, and The Chernin Group in making a play for Hulu, which is jointly owned by Walt Disney, News Corp., and Comcast. Guggenheim Digital, headed by former interim Yahoo CEO Ross Levinsohn, is also in the mix.

The Internet titan's interest in Hulu closely follows its failed attempt to acquire a majority stake in video site Dailymotion.