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Kilar to quit as CEO of Hulu by March

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LOS ANGELES (AP) — Jason Kilar will step down by the end of March as the chief executive of Hulu, the online video service owned by the parents of ABC, NBC and Fox. Kilar, 41, broke the news to staff in an email, which he posted on the Hulu blog on Friday. While he didn't state a reason, the video site has been losing money despite posting nearly $700 million in revenue last year. But it's...

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