What’s going to happen to Hulu? Since founding chief executive officer, Jason Kilar, and chief technology officer, Tom Rich, announced in early January their plans to step down in the first quarter of this year, neither Hulu’s current leadership nor its owners (Comcast, News Corp and Disney) have discussed publicly their plans for the video-streaming service. According to a report published by The Wall Street Journal on Friday, News Corp and Disney have begun discussing possible next steps for Hulu and their own stakes in the company. The Journal reported that both companies — which each own between a quarter and a third of the video service — have suggested purchasing the other’s stake, or selling to an outsider. The two disagree on the direction Hulu should go.
A Company in Limbo: What’s Going to Happen to Hulu?
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).