Talent agency WME is working with its private-equity backer Silver Lake Management on a bid to acquire Hulu, according to a report from Bloomberg on Friday.
While the report doesn't specify exactly what role WME would play in a potential acquisition, Silver Lake is mentioned along with KKR & Co. as companies submitting bids for the online video hub, which is owned by Disney, News Corp. and NBCUniversal.
The companies join a list of suitors expected to submit bids including DirecTV, Time Warner Cable, Guggenheim Digital and Chernin Group.
While it would be unusual for WME to play a role in any capacity of operating Hulu, the agency has been an investor in new-media properties in recent years. Silver Lake, which is heavily invested in Silicon Valley companies, bought a 31% stake in the agency last year.
A rep for WME declined comment.