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Hulu CEO Randy Freer out as Disney moves to absorb the streaming service

Hulu CEO Randy Freer out as Disney moves to absorb the streaming service

Saturday, February 1, 2020, 8:31 AM

Hulu announced that Randy Freer will step down as CEO of the company. In a press release, Hulu said that Disney plans to "more closely integrate Hulu" into its business operations and that Hulu's executives would report to Disney's direct-to-consumer and international executives. Disney had gradually built up its ownership stake in the service, and Comcast (which owns NBCUniversal) was the last remaining partner.
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