Hulu will be dead in two years, says Verizon CEO
Verizon Communications CEO Ivan Seidenberg has made some interesting statements in the past and his latest has attracted attention as well.
Seidenberg says that popular online video site Hulu will be gone in two years, as users move on to something new or technology changes.
“When you think of the change, look at Hulu and the dialogue and debate, and you say, O.K. this is in for the next eight to twelve months and in two years it won’t matter because the world will have moved on,” he said.
To back up his point that technology is evolving fast, he noted the “Sixth Sense” project which is a mini-projector in a cellphone that will allow users to watch video and TV on any surface, wherever and whenever they want.
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