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Hulu CEO Freer Steps Down

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The CEO of Los Angeles-based Hulu , Randy Freer, is stepping down from heading up the company, Disney said late Friday. The move comes as a restructuring by Disney, as it continues to shuffle its business after its acquisition of 21st Century Fox. Freer had been CEO since October of 2017.

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Hulu Buys Back Stake From AT&T

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Los Angeles-based streaming television service Hulu and AT&T said on Monday that Hulu has acquired AT&T's 9.5 AT&T and Hulu said the deal values Hulu at $15 billion. Hulu did not say what the source of financing was for the deal. percent stake in the company, worth $1.43 READ MORE>>.

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Silicon Beach Report Dec. 14: Disney to Gain Control of Hulu after 21st Century Fox Asset Acquisition

L.A. Business Journal

Disney to Gain Control of Hulu after 21st Century Fox asset acquisition, TrueCar settles lawsuit with California New Car Dealers Association and Lily raises $2 million for personal stylist.

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Hulu Gets $750M, Studios To Maintain Ownership

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Los Angeles-based video streaming site Hulu will receive $750M in a funding round, and continue to be owned by 21st Century Fox, NBCUniversal and The Walt Disney Company, those firms announced Friday morning, as the companies have decided not to sell their stake in the onlie television site. Breaking story, more details in a minute.

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Hulu: Streaming, Subscriptions Up

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Los Angeles-based Hulu released some new numbers on the use of the company''s streaming video today, saying that it has set new records for revenue, video streaming, and subscribers to Hulu Plus. According to Hulu, it now has more than 4 million subscribers to its service, the record for new subscribers. READ MORE>>.

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DivX Sues Netflix, Hulu Over Patents

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DivX , the streaming video software developer which was started in San Diego, has filed patent infringement lawsuits against both Netflix and Hulu , accusing the firms of usings its video streaming intellectual property. DivX has been mostly dormant since that acquisition in terms of product and company announcements. READ MORE>>.

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Hulu Acquires Vhoto

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Los Angeles-based video streaming site Hulu has acquired Vhoto , a developer of computer vision and machine learning software, according to reports. Vhoto CEO and founder Noah Heller has joined Hulu as Vice President of Audience Development, according to Heller's LinkedIn profile. Financial details of the deal were not announced.

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