Verizon CEO: Hulu Will Be Dead In 2 Years
Verizon Communications CEO Ivan Seidenberg said today: "Hulu is a six month wonder and that technology will ultimately bypass the current fascination with the online video service."
I think his prediction may be correct, but for the wrong reason. It won't be because of technology, it would be a result of Hulu losing its exclusivity over online distribution for NBC, Fox, ABC. These programmers will have too many other, more economically compelling online distribution options shortly, with TV Everywhere, etc. Story:http://www.broadcastingcable.com/article/390026-Verizon_Chief_Hulu_Will_Be_Over_In_Two_Years.php
