Actually, Fox CEO Rupert Murdoch says that the industry needs Hulu to be “a serious competitor” to the two leading subscription streaming services. The effort to build Hulu was delayed as Fox and Disney bickered over its mission, leading to an aborted auction last year. But the companies finally are “on the same page,” he told an audience today at the Wall Street Journal‘s WSJDLive confab in Laguna Beach, CA. They plan to “drive that as hard and as fast as we can.”
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