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Hulu Swaps CEO

Los Angeles-based streaming television service Hulu has swapped its CEO, saying Tuesday morning that Mike Hopkins has stepped down, and Randy Freer has been named as CEO. Hopkins is leaving for Sony Pictures Television. Hopkins had been CEO of Hulu since 2013. Freer previously was President and COO of Fox Networks Group, where he had been since 2013, and also is on Hulu's board. The two said Freer will be based in Los Angeles.