Disney, News Corp. 'finalizing' plans for Hulu
Disney and News Corp. are "finalizing" their future plans for Hulu as the online video streaming service prepares for the departure of CEO Jason Kilar.
That's according to a blog post by Kilar on Thursday. Kilar is to leave the company at the end of March. Replacing him as interim CEO will be Andy Forssell, Hulu's senior vice president of content.
The broadcasters independently offer streaming of full TV shows on computers and apps, often for free, yet a paid portion of Hulu known as Hulu Plus requires a monthly $8 fee for many of the same shows.
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