WHY THIS MATTERS:The FCC revamped the program under previous chairman Tom Wheeler, but Pai opposed not only many of the changes but the process that produced them.
As Fox's Randy Freer comes in as CEO at Hulu, replacing Mike Hopkins, who will be running the TV business at Sony, at least one analyst has questions about how successful Hulu can be. "The SVOD service, co-owned by four of the largest and most important media companies in the world, has existed for eight years, but seems stuck at only about 12 million subs, going nowhere fast," said Todd Juenger of Sanford C. Bernstein in a research note Friday.