With 148 million subscribers and a value of $157 billion, Netflix is the leader in streaming. But Hulu, now controlled by Disney, has something Netflix doesn’t: ads. And they are worth a lot.
The production deal, which had been expected, came after Mr. Barris’s relationship with ABC soured, leading him to negotiate an early exit from his contract there.
The star producer reveals the eight shows she plans to make for the streaming service, which wooed her away from ABC with a nine-figure deal.
The video streaming giant’s stock plunged after its subscriber growth fell short.
The executive used the slur twice — the second time while talking with black employees who were helping him deal with the fallout from the first time he used it, a company memo said.