Fox’s Chase Carey On Hulu: “Partnerships Are Complicated”

Holding on to Hulu and moving forward was all about relationships said Chase Carey today. “I think it is really a case where we’ve always known the importance of these digital platforms and the opportunity specifically in Hulu. I think the real question is partnerships are complicated and can we get the right strategy that we both believe we can execute to be successful,” said the 21st Century Fox COO Tuesday about working with co-owners Disney and Comcast. Carey was speaking on a conference call Tuesday after the company released its Q4 results. He was joined by Deputy COO James Murdoch and CFO John Nallen. “As we went through this process we really found that of all the constituencies coalesced around a vision of how to really build this and how it can be something exciting for content owners and something exciting for the digital marketplace,” he added. After weeks of speculation that Hulu would be sold, 21st Century Fox, Disney and Comcast announced on July 12 that they would keep the company and supply $750 million to push it’s growth.

Related:Fox Shares Rise As Fiscal Q4 Earnings Beat Expectations

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This article was printed from https://deadline.com/2013/08/fox-chase-carey-hulu-american-idol-q4-earnings-558448/