Hulu chief Kilar and CTO resigning

Two expect to continue working together in future

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