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The Rumors Were Right – Jason Kilar’s Heading Out the Door

The Rumors Were Right – Jason Kilar’s Heading Out the Door

The rumor mill has been in over­drive regard­ing Hulu CEO Jason Kilar’s future since the end of sum­mer, but now the sus­pi­cions can be put to bed after he announced his depar­ture from Hulu. This may mean that new oppor­tu­ni­ties open up for those look­ing for media jobs. Kilar, who has held posts at NBC Uni­ver­sal and was pre­vi­ous­ly SVP of World­wide Appli­ca­tion Soft­ware at Amazon.com Inc where he was respon­si­ble for Amazon’s Mar­ket­place, will take his leave of the com­pa­ny he has helped grow from an indus­try joke (Hulu was, at one time, referred to by many as Clown­Co), to a busi­ness that can holds its own against the giants of movie and TV stream­ing, Net­flix and Ama­zon. Hulu raked in near­ly $700 mil­lion in rev­enue last year and Kilar, who has con­firmed he will leave the com­pa­ny in Q1 of 2013, will miss out on the launch of the Hulu Plus App. Hulu – A Com­pli­cat­ed Mix Although spec­u­la­tion sur­round­ing Kilar’s life-expectan­­cy at Hulu was rife back in August, many believe the process actu­al­ly start­ed in the Fall, when Prov­i­dence Equity’s stake was bought out by Hulu’s oth­er own­ers Com­cast, News Corp and Dis­ney. The trans­ac­tion allowed Kilar…

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