The Chernin Group head and former News Corp. exec Peter Chernin believes that Hulu, not Netflix, should’ve been the dominant streaming platform of the modern era, blaming Fox and NBC for diminishing the streaming service he helped launch in 2007 in a joint venture with then-NBCUniversal chief Jeff Zucker.
“The day we both left [around 2009/2010], both of those companies turned around and in some ways throttled Hulu,” he told Variety editor-in-chief Claudia Eller at the Variety Dealmakers Elite breakfast on Friday, alleging that Fox and NBC increased the ad load on Hulu and began holding back content. “Every single person at Fox hated Hulu,” he added.
“That should’ve been the dominant streaming platform,” said Chernin. “I would argue that their throttling of that in the four to five years after that is potentially one of the bigger mistakes that’s been made in the media business. There’s no...
“The day we both left [around 2009/2010], both of those companies turned around and in some ways throttled Hulu,” he told Variety editor-in-chief Claudia Eller at the Variety Dealmakers Elite breakfast on Friday, alleging that Fox and NBC increased the ad load on Hulu and began holding back content. “Every single person at Fox hated Hulu,” he added.
“That should’ve been the dominant streaming platform,” said Chernin. “I would argue that their throttling of that in the four to five years after that is potentially one of the bigger mistakes that’s been made in the media business. There’s no...
- 12/6/2019
- by Elaine Low
- Variety Film + TV
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