Yahoo Grabbed ‘Community’ from Hulu in Last-Minute Bid

Yahoo made waves late last month when it paid tens of millions of dollars for a sixth season of the cancelled NBC sitcom “Community.”

But previously-unreported backroom negotiations show how badly the company wanted the series, as it continues to pay top dollar for flashy video programming that, for now, generates little revenue.

In the final weeks of June, Hulu had been deep in negotiations with “Community” owner Sony Pictures Entertainment to keep the canceled series going online, according to a person familiar with the process.