Video site Hulu CEO and CTO resign at Q1 this year

January 5 news, according to foreign media reports, the video site CEO Jason Kilar (Jason Kilar) (Jason Kilar) will resign from the company in the first quarter of this year. He announced this news on the Hulu official blog today. He also said that Hulu CTO Rich Tom will also leave at the same time.

Controlled by several entertainment giants such as Disney, Comcast and News Corp, the future strategy of this video site has been fluctuating. The departure of Girard this time is under such a background. Whether the website owner dispute should provide free services supported by advertisements, or mainly adopt a paid subscription mode.

Girard has been inviting the holding company to invest more money in Hulu to expand its business. The media reported last month that the CEO had asked the controlling party to invest approximately $200 million to support the development of more programs. The video on demand website Netflix and Amazon’s Prime Instant Video are Hulu’s contenders, both of which invest heavily in programming.

However, in October this year, the private equity firm Providence sold its stake in Hulu, worth about 200 million U.S. dollars.