Hulu Exec had “No idea what he was talking about.” Hulu to remain FREE!

Last week we all threw a collective Hissy Fit when a News Corp. Executive, Deputy Chairmen Chase Carvey stated the following regarding Hulu’s free TV/Movie service,

I think a free model is a very difficult way to capture the value of our content. I think what we need to do is deliver that content to consumers in a way where they will appreciate the value.

Well, EW officially has word that the Exec was, in fact, talking directly out of his ass.

A source close to Hulu, however, tells EW that the site remains steadfastly committed to free content, explaining that any possible subscription or pay-per-view service has no set timeline and would only build upon what Hulu offers, not replace it.

So, we can all breathe now.  Relax, grab a beer (or your beverage of choice), and watch Fright Night courtesy of Hulu.

[Source: Slashfilm]