Hulu restructures under Disney, CEO Randy Freer departs

HuluCEO Randy Freer is stepping down from his role as part of a major restructuring of Disney’s direct-to-consumer business, the company announced on Friday. Disney had acquired control of Hulu last year following its acquisition of 21st Century Fox and subsequent deal with NBCU which gave it full operational control. However, the company had largely left Hulu alone to operate as usual until now.
The move signals Disney’s plans to streamline its direct to consumer operations, which a