Hulu Zeroes In On Mike Hopkins For CEO Post: ReportsWeb Video J.V. Could Make Hiring Of Fox Exec Official As Early As Friday 10/11/2013 7:03 AM Eastern
It’s looking more and more likely that Hulu will keep its next CEO in the family.
The Web TV hub, jointly owned by 21st Century Fox, Walt Disney Company and NBCUniversal, is close to hiring Fox executive Mike Hopkins to the top slot, and could announce the appointment as early as Friday, according to media reports.
Bloomberg, citing two unnamed people with knowledge of the situation, reported early Friday that Hulu will soon official with the hiring of Hopkins, currently the group president of distribution for Fox Networks. The Hollywood Reporter added that it Hulu could announce it later today. If so, he would succeed Andy Forsell, who stepped in as acting CEO following the departure of Jason Kilar at the end of the first quarter of 2013.
Hulu was not immediately available for comment Friday morning.
Hopkins has been identified as one of several execs in line for a the CEO slot at Hulu. Others rumored to be interested include Erik Huggers, the current head of Intel Media’s troubled “virtual” MSO service, and departing NBCUniversal exec Lauren Zalaznick. The New York Post has previously reported that Albert Change, the EVP and chief product officer, digital media at Disney/ABC Television Group, has also been in the mix.
Hiring a full-time CEO should help Hulu to settle down following a topsy-turvy phase. After entertaining an auction that drew bids from several potential suitors, including DirecTV, Hulu’s owners in July opted to keep Hulu while investing $750 million in new funding to help grow the business.
Hulu has more than 4 million paying subscribers.