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                            <title><![CDATA[ Latest from Next TV in Business-insider ]]></title>
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        <description><![CDATA[ All the latest business-insider content from the Next TV team ]]></description>
                                    <lastBuildDate>Wed, 05 Oct 2022 18:38:31 +0000</lastBuildDate>
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                                                            <title><![CDATA[ Hulu's Former Execs 'Confused' and 'Frustrated' About the Disney-Controlled Future – Report ]]></title>
                                                                                                                                                                                                <link>https://www.nexttv.com/news/hulu-employees-confused-and-frustrated-about-the-disney-controlled-future-report</link>
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                            <![CDATA[ As Disney continues a difficult negotiation to gain full control of the JV, Business Insider details lost morale and consternation among ex executives ]]>
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                                                                        <pubDate>Wed, 05 Oct 2022 18:38:31 +0000</pubDate>                                                                                                                                <updated>Wed, 05 Oct 2022 22:37:31 +0000</updated>
                                                                                                                                            <category><![CDATA[Business]]></category>
                                                                                                <author><![CDATA[ daniel.frankel@futurenet.com (Daniel Frankel) ]]></author>                    <dc:creator><![CDATA[ Daniel Frankel ]]></dc:creator>                                                                <dc:description><![CDATA[ http://cdn.mos.cms.futurecdn.net/7wBJVmzcn7E9PQZWPFQsH7.jpeg ]]></dc:description>
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                                                                                                                                                                                                                                    <media:description><![CDATA[Hulu]]></media:description>                                                            <media:text><![CDATA[Hulu]]></media:text>
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                                <p>Despite some back-and-forth <a href="https://www.nexttv.com/news/brian-roberts-comcast-would-buy-hulu-outright-if-it-were-for-sale">investor-conference jousting</a> between Comcast CEO Brian Roberts and his Disney counterpart Bob Chapek over who will eventually own JV streaming venture <a href="https://www.nexttv.com/news/hulu-everything-you-need-to-know-about-the-og-streaming-service-now-100-under-disney-control">Hulu</a> outright, it appears that Disney, as expected, will end up as the 100% shareholder once the smoke clears.</p><p><a href="https://www.cnbc.com/2022/10/04/cnbc-exclusive-cnbc-transcript-nbcuniversal-ceo-jeff-shell-speaks-with-cnbcs-david-faber-on-squawk-on-the-street-today.html" target="_blank">Speaking to CNBC Tuesday</a>, Jeff Shell, CEO of Comcast&apos;s NBCUniversal media division, indicated that NBCU will likely proceed with a previously outlined agreement to sell its 33% stake in Hulu to Disney by 2024.</p><p>"The mechanism is there&apos;s a buy-sell at the end of next year, and our anticipation is going to be that Disney is going to pay us a lot of money," Shell said, before describing Hulu as a "great asset."</p><p>As pieces of this high-stakes negotiation — set to drag on through 2023 — continue to leak into the press, former executives privately lament what has become of their "fun" startup since Disney took majority control of Hulu in 2019 and began integrating it as a subordinate to <a href="https://www.nexttv.com/news/disney-plus">Disney Plus</a> within the broader context of the conglomerate&apos;s global distribution strategy.</p><p>There&apos;s also confusion about Hulu&apos;s future advertising proposition, given that Disney Plus will soon provide an ad-supported tier, too, and has also edged out into, er, edgier content territory with shows like the off-ABC sitcom <em>Black-ish. </em>Within Disney&apos;s streaming portfolio, Hulu is supposed to be the destination for more more-mature general entertainment fare.</p><p>The <a href="https://www.businessinsider.com/disney-comcast-ceo-battle-control-hulu-insiders-frustration-streaming-future-2022-10" target="_blank">paywalled<em> Business</em> <em>Insider</em></a> talked to a few Hulu execs and an "insider," and got some interesting anonymous quotes:</p><p><strong>> One former Hulu executive lamented a very possible, or even likely, future in which Hulu is folded into Disney Plus, much the way Marvel and Pixar properties are today.</strong></p><p>“The benefit of folding into Disney Plus? Practically, I fully understand,” the ex-Hulu exec told <em>Business Insider</em>. “Emotionally, it will feel like a big loss in the end of something that was very different from Disney. It will feel like a loss for probably all the people who worked on it. [But] business is business.”</p><p><strong>> Longtime Hulu employees, who refer to themselves as “Hulugans,” bemoan a tech-startup-like company culture that they say has dwindled away since Disney took full control in 2019. The steady drumbeat of departures has also taken a toll on their morale, according to </strong><em><strong>Business Insider</strong></em><strong>.</strong></p><p>“It became very hard to do my job when the priorities of the organization no longer supported the goals of my job,” the former executive told the pub. “Most people I know have left. It got too difficult to send goodbye emails or have goodbye parties. Every week someone was leaving.”</p><p><strong>> Veteran and former Hulu employees also bemoan the loss of a more egalitarian structure amid Disney&apos;s hierarchical architecture.</strong></p><p>”At Hulu, every role was bonus-eligible. Disney did not make up for it. For some people that meant a 10-20% pay cut,” one source was quoted, “insider” to <em>Insider</em>.</p><p><strong>> Another former executive said the recent inclusion onto the Disney Plus menu of ABC sitcom </strong><em><strong>Black-ish</strong></em><strong> — which ventured into topics like race and economic class — raised eyebrows over blurred brand identity.</strong></p><p>“That was a clear departure from Disney being family-focused and Hulu being general entertainment,” a “second former executive” told <em>BI</em>. ▪️</p>
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                                                            <title><![CDATA[ Amazon Reportedly Set to Festoon Its Brand onto Smart TVs ]]></title>
                                                                                                                                                                                                <link>https://www.nexttv.com/news/amazon-reportedly-set-to-festoon-its-brand-onto-smart-tvs</link>
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                            <![CDATA[ TVs manufactured by TCL and other makers could be available as soon as October ]]>
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                                                                        <pubDate>Mon, 06 Sep 2021 22:59:22 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Business]]></category>
                                                                                                <author><![CDATA[ daniel.frankel@futurenet.com (Daniel Frankel) ]]></author>                    <dc:creator><![CDATA[ Daniel Frankel ]]></dc:creator>                                                                <dc:description><![CDATA[ http://cdn.mos.cms.futurecdn.net/7wBJVmzcn7E9PQZWPFQsH7.jpeg ]]></dc:description>
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                                                            <media:credit><![CDATA[Toshiba]]></media:credit>
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                                <p>Amazon is very quietly talking to consumer electronics company about putting the Amazon brand name onto smart TVs, according to <em>Business Insider</em>. </p><p>The report says Amazon has talked to companies including China&apos;s TCL about selling the makers sets in the U.S. under an Amazon brand, where they would compete with top Korean brands Samsung and LG. </p><p>The TVs would be powered by Alexa Voice and be focused on large-screen formats of 55 inches and above. They could be available as soon as October, the report said, if "logistical bottlenecks" can be worked out. </p><p><em>Business Insider</em>, however, didn&apos;t mention Amazon&apos;s Fire TV as being the exclusive OS for these TVs. </p><p>Amazon has worked with Toshiba and Hisense in the past to produce smart TVs powered by the Fire TV OS. </p><p>Amazon remains one of the biggest retail platforms for selling smart TVs, along with Walmart and Best Buy. </p><p><br></p>
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                                                            <title><![CDATA[ Bloomberg Hires Joe Weisenthal ]]></title>
                                                                                                                                                                                                <link>https://www.nexttv.com/news/bloomberg-hires-joe-weisenthal-384949</link>
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                            <![CDATA[ Bloomberg Hires Joe Weisenthal ]]>
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                                                                        <pubDate>Tue, 21 Oct 2014 21:15:00 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Joe Weisenthal]]></category>
                                                    <category><![CDATA[Justin Smith]]></category>
                                                    <category><![CDATA[Bloomberg Media Group]]></category>
                                                    <category><![CDATA[Business Insider]]></category>
                                                                                                                    <dc:creator><![CDATA[ MCN Staff ]]></dc:creator>                                                                                                                                                                                                                                                                    <media:content type="image/png" url="https://cdn.mos.cms.futurecdn.net/qMfY5TXqLQWfMxjMsvToR-1280-80.png">
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                                <figure class="van-image-figure pull-" data-bordeaux-image-check ><div class='image-full-width-wrapper'><div class='image-widthsetter' ><p class="vanilla-image-block" style="padding-top:56.25%;"><img id="qMfY5TXqLQWfMxjMsvToR" name="" alt="" src="https://cdn.mos.cms.futurecdn.net/qMfY5TXqLQWfMxjMsvToR.png" mos="https://cdn.mos.cms.futurecdn.net/qMfY5TXqLQWfMxjMsvToR.png" align="" fullscreen="" width="" height="" attribution="" endorsement="" class="pull-"></p></div></div></figure><p>Bloomberg Media Group said it has hired Joe Weisenthal as managing editor of Bloomberg.com’s markets and finance coverage and host of a daily markets show on Bloomberg Television. He had been executive editor at <em>Business Insider</em>, where he’s worked since 2008.</p><p>He is the latest of several new hires at Bloomberg Media under CEO Justin Smith and will lead the editorial development of markets and finance coverage across Bloomberg’s digital brands, the company said. He starts Nov. 10 in New York City.</p><p>Weisenthal will report to Bloomberg Digital Editor Joshua Topolsky (who joined in August) and to Claudia Milne, Head of U.S. Live TV.</p><p>Earlier in his career Weisenthal was a correspondent for paidContent.org and an editor at Dealbreaker.com. He co-founded the markets blog TheStalwart.com and was previously a writer and analyst for TechDirt.com. He began his career as an analyst for Prentiss Smith & Co.</p>
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