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.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.