Hulu CEO Jason Kilar and CTO Rich Tom Are Stepping Down
Hulu CEO Jason Kilar and CTO Rich Tom are stepping down this quarter according to the Hulu blog. It is unknown what Jason and Rich will be doing after leaving the company. Jason said that the two will be staying on long enough to “ensure there is ample runway to manage this transition.” There are over 3 million paid Hulu Plus users as of the end of 2012. Jason said that the company added over 200,000 new subscribers in just the past seven days (December 27-January 4). Jason Kilar’s estimated exit package is rumored to be at around $100 million. Hulu generated around $695 million in 2012 revenues.