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Hulu CEO Randy Freer is Stepping Down As Disney Consolidates Leadership

Y2kTheNewOldies

Y2kTheNewOldies

https://www.cordcuttersnews.com/hulu-ceo-randy-freer-is-stepping-down/

Hulu CEO Randy Freer has just announced that he will be leaving the company. This news comes just eight months after Disney has taken control over the streaming company.

Disney plans to integrate Hulu more fully into their business operations. Executives across the board at Disney+, ESPN+, and Hulu will all now report directly to Disney direct to consumer and international leadership.

“I am grateful for my time at Hulu, and the opportunity to work and learn with an incredibly talented and dedicated group of people,” Freer said. “I also want to thank Kevin and The Walt Disney Company, as well as NBCUniversal and Fox, for providing me the opportunity to lead Hulu during a time of tremendous growth and significant industry transformation. Hulu has established itself as a leading choice for consumers looking for the best TV service available today, and I am confident Hulu will thrive inside Disney under DTCI’s leadership and resources.”
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This is a result of Disney taking full control of Hulu. And these changes have been taking place since the 20th Century Fox/ Disney Deal.
 
https://www.mediapost.com/publicati...tegrates-hulu-into-d2c-unit-hulu-ceo-ran.html

Here is more

Further incorporating Hulu, the premium on-demand and live TV streaming service, into Walt Disney’s Direct-to-Consumer & International division has resulted in the departure of Randy Freer, Hulu’s CEO.

“With the successful launch of Disney+, we are now focused on the benefits of scale within and across our portfolio of DTC businesses,” stated Kevin Mayer, chairman of direct-to-consumer & International, at Disney.

He added that integrating Hulu, which launched in 2008, “will allow us to more effectively and efficiently deploy resources, rapidly grow our presence outside the U.S. and continue to relentlessly innovate.”

Freer has been CEO of Hulu since October 2017. Before Hulu, he was president-CEO of Fox Networks Group, a position he had since October 2013.
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