Providence Equity

Providence Gets Out of Hulu. What About Jason Kilar?

Peter Kafka in Media on April 26 at 12:17 pm PT

A payout for Providence means Hulu’s CEO and his management team can get liquid, too. So will they stick around?

Hulu CEO Jason Kilar Is Still Standing: The Full Dive Into Media Interview (Video)

Peter Kafka in Dive Into Media on February 8 at 7:40 am PT

Hulu isn’t supposed to be a success. And Jason Kilar isn’t supposed to have a job. But it is, and he does. So what’s next?

“Soft” Ad Sales Ding Hulu’s 2011 Growth

Peter Kafka in Media on January 12 at 3:23 pm PT

Revenue grew 60 percent last year, to $420 million. That’s big, but it’s also less than the company expected.

CBS, Warner Bros. Sell “Gossip Girl” Again — This Time to Hulu

Peter Kafka in Media on October 28, 2011 at 11:56 am PT

CBS and Time Warner’s Warner Bros., who just did a large rerun deal with Netflix for their CW network shows, have sold the same programming again.

Would-Be Hulu Buyers Will Have Their Checkbooks Ready Next Week

Peter Kafka in News on August 11, 2011 at 7:38 am PT

The initial bids for the video site should come in about a week from now, most likely at $1.5 billion or more. But that number could still move around, depending on what Hulu really ends up selling.

Hulu Plus Cuts Its Price, After All–By $2

Peter Kafka in Media on November 17, 2010 at 4:18 am PT

It’s not the half-off sale Hulu had discussed, but it is a discount. And it comes two weeks after the premium service’s formal launch.

Who's Going to Sell Hulu to Wall Street?

Peter Kafka in Media on August 16, 2010 at 3:00 am PT

The ticker symbol would be easy–HULU has a nice ring to it, right? But convincing investors that the site’s network owners will stick around is another story.

Meet AOL’s BOD: Tim Armstrong May Be Youthful, but His Directors-To-Be Aren’t

Peter Kafka in Media on October 26, 2009 at 6:52 am PT

AOL continues to prep for its impending spinoff from Time Warner. Today’s step: Announcing the board of directors for the company-to-be. Boldface names of note include William Hambrecht, former head of tech investment bank Hambrecht & Quist; Michael Powell, former chairman of the Federal Communications Commission; and Jim Wiatt, former head of William Morris. Notably absent: Anyone from Google, Tim Armstrong’s favorite recruiting ground, and any whippersnappers, unless you count 46-year-old Powell.

Vevo Gets Its Investor: Abu Dhabi Media Joins “Hulu for Music Videos”

Peter Kafka in Media on October 19, 2009 at 4:17 am PT

Vevo, the music industry’s version of Hulu, now has its own version of Providence Equity, the outside investor that took a flyer on the Web TV and movie joint venture: Abu Dhabi Media Company has purchased a stake in the company from owners Universal Music and Sony. No financials released, though I’m told the deal values the JV at $300 million.

Publishers Like Time Inc.’s “Hulu for Magazines” Pitch. What Will Apple and Amazon Say?

Peter Kafka in Media on October 2, 2009 at 6:32 am PT

Time Inc. has spent the past few months convincing other publishers to join a new joint venture aimed at a market that doesn’t really exist yet–magazine-like publications to be delivered via e-readers like Amazon’s Kindle and Apple’s rumored tablet. Publishers like the idea. What will Apple and Amazon say?