Hulu reportedly close to making Fox executive its new CEO

Hulu’s new CEO may come from Fox, whose parent company News Corp. (S NWS) owns about a third of the video service. Both Reuters and Bloomberg reported Thursday night that Hulu will name┬áMike Hopkins, who is currently heading distribution for Fox Networks, as its new CEO soon. Hulu is currently being led by interim CEO Andy Forssell, who stepped in when founding CEO Jason Kilar left the company back in March.┬áNotable about Hopkins’ appointment would be that Fox has been a long advocate of Hulu moving more towards a subscription and TV Everywhere model, which would deemphasize the free, ad-supported side of the service.