|[October 17, 2013]
Mike Hopkins Named CEO of Hulu
LOS ANGELES --(Business Wire)--
The Hulu (News - Alert) Board of Directors today named Mike Hopkins the Company's new
CEO. Hopkins, a Hulu Board Director since 2011, has served as President
of Distribution for Fox Networks Group, a division of 21st Century Fox,
since 2008. Mr. Hopkins will be based at Hulu's headquarters in Los
Angeles, and his appointment is effective immediately.
Andy Forssell, who has served as acting CEO since March 2013, will be
leaving the Company.
"After an extensive search, Mike was simply the best candidate for the
job. He has a strong understanding of programming, digital distribution
and consumer behavior, and a great vision for Hulu's next chapter," said
Anne Sweeney, co-chairman, Disney (News - Alert) Media Networks and president,
Disney/ABC Television Group.
"On behalf of the Hulu board I want to thank Andy Forssell for his
leadership during this past year, and for the vital role he played in
building Hulu into the amazing product it is today. We wish him thebest
on his next venture," said Peter Rice, Chairman and CEO of Fox Networks
Group. "With Mike's appointment, and its owners fully aligned and
committed to seizing the incredible opportunities that lie ahead, we
look forward to a very bright future for Hulu."
Mike Hopkins commented: "The team at Hulu has created a beloved user
experience that feeds the undeniable need for quality, convenience and
ease of use. I am honored to have the opportunity to work with this
dynamic, innovative team. I want to thank the folks at Disney and Fox,
especially Anne Sweeney and Peter Rice, for this amazing opportunity.
I'm looking forward to working with our creative partners, advertisers
and distributors as we continue to build Hulu."
A media veteran with an accomplished track record of both building
innovative television products and negotiating landmark distribution
agreements, Mr. Hopkins brings more than 20 years of video experience to
Hulu. While President of Distribution for Fox Networks, he oversaw the
distribution strategy, sales and marketing for Fox's 45 linear and
non-linear U.S. channels, as well as on-demand and digital extensions.
Mr. Hopkins' team also developed many of the television industry's
leading authenticated and digital video products, including BTN2GO and
Hulu is an online TV service whose mission is to help people find and
enjoy the world's premium content when, where and how they want it. As
we pursue this mission, we aspire to create a service that users,
advertisers and content owners unabashedly love. (www.hulu.com).
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