Hulu’s senior VP of international, Johannes Larcher, has reportedly stepped down from the firm ahead of a rumoured company sale.
According to Bloomberg, Larcher resigned earlier this month. The news comes as Hulu is said to considering a string of takeover bids from firms including Yahoo!, Time Warner Cable and DirecTV.
Larcher joined Hulu in 2009 and two years later oversaw the US VOD-site’s move into the Japanese market – its only foreign launch to date. Prior to this he held a number of internationally focused roles, including VP and general manager of international for Friendster and general manager of international at Overture, which was later taken over by Yahoo!.
Larcher’s reported move follows the departures this year of CEO Jason Kilar and chief technology officer Rich Tom – a decision that the pair first announced in January.
According to stateside reports, Hulu is currently mulling takeover bids from seven or more interested parties, which is said to include private equity firms KKR, Guggenheim Partners through its Guggenheim Digital arm, and Silver Lake Partners in conjunction with Hollywood talent agency WME.
Show of the Week: Don’t Stop the Music. tbivision.com/2019/01/21/sho… https://t.co/sj6NUKbbu8
21st January 2019