Elaine Paul has risen to the top of a predominantly male financial industry as the CFO of Hulu. She sits down with Alyssa Julya Smith in Los Angeles to talk about her impressive career.
Prior to heading up a 100 person team at Hulu, Paul served as Senior Vice President of Corporate Strategy at the Walt Disney Company, where she led various acquisitions, new business initiatives, and strategic investments, including Disney’s original investment in Hulu in 2009.
Paul also discusses the network's dedication to creating female empowering content like "The Handmaid's Tale" and what goes into the financial decisions behind what type of content to invest in as a company. Finally, as a female executive she speaks passionately about creating a good balance in her life, both for herself and other women who are struggling with "doing it all."
MTV, a division of Paramount, is planning to shut down its news division and lay off 25 percent of its workforce. The company cited "broader economic headwinds" as the reason for the shuttering. The decision comes as Paramount makes cuts to better compete with rival entertainment giants.
Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, suggesting that rising costs could persist for months to come.
Goldman Sachs will pay $215 million to settle a years-long class action lawsuit that claimed the bank discriminated against women when it came to pay, performance evaluations and promotions.
