Walden, who as co-chairman and CEO of Fox Television Group oversees Fox Broadcasting and 20th Century Fox Television, joins 21st Century Fox president Peter Rice and Fox Networks Group digital president Brian Sullivan on the board of the streaming service. The six-person board consists of three 21st Century Fox executives and three execs from fellow Hulu stakeholder the Walt Disney Co. — Disney exec VP of corporate strategy Kevin Mayer, Disney-ABC Television Group president Ben Sherwood, and Disney-ABC business-operations president Ben Sherwood.
Comcast and Time Warner, Hulu’s two other corporate parents, do not control seats on the board. However, next year restrictions on Comcast’s participation in Hulu’s governance that the cable giant agreed to as part of its acquisition of NBCUniversal in 2011 are set to expire.
Walden and longtime colleague Gary Newman gained oversight of Fox Broadcasting in 2014 after serving for 15 years as heads of studio 20th Century Fox Television, which under their guidance has developed and produced series such as “Empire,” “Modern Family,” “This Is Us,” “24,” and “Homeland.”
Hulu this year launched its new live-TV product, which allows subscribers to access more than 50 television channels via broadband, and became the first streaming service to win a best drama-series Emmy with original “The Handmaid’s Tale.” The company is also in the middle of a executive transition, with CEO Mike Hopkins having departed last month to become chairman of Sony Pictures Television, and Fox exec Randy Freer being named to replace him.