Digital, Music Execs Gather at Founders Forum 2013 in Los Angeles
Actor/musician Jared Leto (sunglasses) cracks up departing Hulu CEO Jason Kilar. With Spotify founder chief executive Daniel Ek and Universal Music Group chairman/CEO Lucian Grainge. Kilar announced that he will be stepping down at Hulu after the first quarter of this year in January. He and Hulu CTO Rich Tom, also departing, are rumored to be developing a new venture. (Photo credit: Phil McCarten).
Left to right: Shazam CTO Jason Titus; Universal Music Group president of global digital business Rob Wells; Spotify chief executive Daniel Ek; Leto; Hulu CEO Jason Kilar. On Feb. 5, Ek announced that Spotify expected to pay out $500 million to rights holders in 2013 -- a sum equal to the cumulative funds previously paid out by the company since its launch in 2008. (Photo credit: Phil McCarten).
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