January 9, 2013

Beginning of the End for Hulu?

Janet Morrissey, Fortune


AP Photo

It came as little surprise when Hulu's maestro Jason Kilar confirmed long-time speculation that he would be leaving his post as the video streaming giant's chief executive. He dropped the bombshell in typical Kilar fashion -- on his blog. This post contained none of the brash, in-your-face dissertations that had so often vexed Hulu's media company owners. This one was poignant, almost melancholic, as Kilar reminisced about a company he transformed from an empty office suite in 2007 into one that has attracted more than 3 million paying subscribers and generated $700 million in revenue in 2012.

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TAGGED: Streaming Video, Hulu

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