Hulu Plans To Reduce Its Board (Report)
The move could mean Disney chief Bob Iger and New Corp.'s Chase Carey may give up their seats on the Web-video joint venture.
Hulu LLC is planning to shrink it's board, which could mean the removal of Walt Disney Co-Chief Executive Bob Iger and News Corp. Chief Operating Officer Chase Carey.
The Wall Street Journal, citing unnamed sources, reported the move would distance the men from daily decisions at the Web-video joint venture.
Hulu is jointly owned by News Corp., NBCUniversal, Disney, Providence Equity Partners and Hulu employees.
Hulu's board recently featured 12 members. It was not clear how many people would remain on the board under the plan being discussed.
Hulu CEO Jason Kilar has often bumped heads with his corporate partners especially in the aftermath of an explosive memo last month listing out the future of television.