Hulu has announced that Mike Hopkins, a board member at Hulu and president of Fox Networks Group, has been appointed CEO. Hopkins has previously been reported as the likely candidate for the role.
Andy Forssell, who became acting CEO in March (following the departure of then-CEO Jason Kilar), is leaving the company.
In an email to the company which was also posted on the Hulu blog, Hopkins wrote:
The fact is, through all the recent uncertainty not only have you kept this business together, but you’ve continued to deliver on every key performance metric. In fact, you are delivering one of the strongest years Hulu has ever seen: We expect revenues to be close to a billion dollars this year, and Hulu Plus subscribers continue to climb.
With the foundation you have built, the significant capital infusion of three quarters of a billion dollars, and our partners aligned and fully supportive of what we need to get it done, the sky is the limit for Hulu. I am looking forward to working with you all.
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