Hulu Realizes That It Can't Go Public Because Its Business Plan Is Hindered
from the you-don't-revolutionize-from-the-inside dept
However, with the failure of the paywall, the IPO plans have now gone away as well -- and with it, the hundreds of millions the company hoped to raise. The end result may mean that the company will need to go back to its current entrenched TV company owners for more cash, which will only make Hulu even more beholden to them, making it that much harder for Hulu to do the truly disruptive things it needs to take things to the next level. Instead, it's going to be some upstart (whether legal or not) that will convince people that TV online can be done quite differently than it's being done today.