Hulu Chief Executive Randy Freer is leaving the streaming service as its owner, Walt Disney Co. (DIS), moves to integrate the property with its direct-to-consumer and international division. Variety reported ( impending departure. "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 in a statement. "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." Hulu finds itself in the middle of a streaming war with mega-media participants Disney, Apple Inc. (AAPL), Amazon.com Inc. (AMZN), Comcast Corp. (CMCSA), and others.
-Jon Swartz; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
January 31, 2020 17:29 ET (22:29 GMT)
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