With 148 million subscribers and a value of $157 billion, Netflix is the leader in streaming. But Hulu, now controlled by Disney, has something Netflix doesn’t: ads. And they are worth a lot.
Disney made a good call by consenting to Fox selling its Sky stake at Comcast’s eye-popping price. Comcast may be wise to follow suit and let Hulu go.
Last summer, Joel Stillerman joined the streaming platform as its first chief content officer. Now he’s out, and the job will not be refilled.