/// Hulu’s Employee Owners Are Just Employees Again, Which Means Some May Be Ex-Employees Soon

December 26, 2012  |  All Things Digital


Hulu’s employees used to be owners, too. But those days are over, so they’re going to have be happy with a paycheck and some bonuses. That’s the upshot of a new long-term incentive plan I’m told the video site is prepping. It’s meant to replace the equity stakes Hulu’s employees cashed out earlier this fall. And it should be going into effect soon. The move is a small but symbolic: Hulu used to be a start-up, and the people who worked there had the potential for a big payout if things went really, really well. But investor Providence Equity Partners sold its stake in the site in October , and that let Hulu employees sell too. The company’s value doubled, to $2 billion, in five years, so many of them did do well. But not sit-on-a-beach-and-count-your-money well. Now, it’s purely a Big Media asset — Hulu is co-owned by Comcast, Disney and News Corp

View post:
Hulu’s Employee Owners Are Just Employees Again, Which Means Some May Be Ex-Employees Soon

Do Good Better 2014 vertical banner

Leave a Reply