Hulu chief Kilar and CTO resigning

Hulu CEO Jason Kilar and CTO Rich Tom are resigning from the Internet video distributor, Kilar announced in a blog post on Friday. Kilar's upcoming exit follows the release in July of a Hulu transition plan that addressed how Hulu owners News Corp. (Nasdaq: NWSA), Walt Disney Co. (NYSE: DIS) and NBCUniversal could transform the company. Providence Equity Partners sold its 10 percent stake in Hulu last year for $200 million. FierceOnlineVideo has more on Kilar's exit. Read more