Yahoo approached Hulu on possible acquisition.

WorldWide Tech & Science. Francisco De Jesús.

Hulu's board has not met to consider any offers, unnamed source says.

Yahoo Inc. recently approached online video service Hulu LLC about a possible acquisition, the Los Angeles Times reported Tuesday on its website, citing a person with knowledge of the matter.

Hulu's board has not met to consider any offers, the newspaper reported, citing a person close to the board. Spokesmen for Hulu and Yahoo declined comment as did Hulu owners Walt Disney Co., Comcast Corp. and News Corp., owner of this newswire.

The Wall Street Journal Wednesday reported Hulu's board is weighing whether to sell itself after having been approached with an unsolicited offer, citing people familiar with the matter.