Jeffrey Katzenberg

Quibi has already raised US$1 billion, wants to double that by launch

Quibi, the short-form video platform helmed by industry veteran Jeffrey Katzenberg and former HP CEO Meg Whitman, is looking to raise US$1 billion (€890 million) – on top of the US$1 billion it has already raised. According to The Information, the company’s founders believe that Quibi (which stands for ‘quick bite’) requires the additional funding […]

Katzenberg’s NewTV secures funding from big name backers

Jeffrey Katzenberg and Meg Whitman’s NewTV venture has closed an initial funding round that saw it raise US$1 billion from major studios, Liberty Global and Chinese technology group Alibaba among others. Katzenberg and Whitman’s WndrCo secured funding from Disney, Entertainment One, Fox, ITV, Lionsgate, MGM, NBCUniversal, Sony Pictures Entertainment, Viacom, and Warner Media, in addition […]

Report: Katzenberg’s NewTV raises US$1bn

Former DreamWorks Animation owner Jeffrey Katzenberg has reportedly raised US$1 billion (€850 million) in funding for his upcoming mobile video service, NewTV. According to a CNN report, Disney, 21st Century Fox, Warner Bros, Entertainment One and other media companies have invested around US$200 million in the new venture, with the rest coming from institutional investors in […]

Jeffrey Katzenberg mobile service NewTV makes CEO hire

Jeffrey Katzenberg’s upcoming mobile video service, NewTV, is nearing launch with the hire of Hewlett Packard’s Meg Whitman as its CEO. Former DreamWorks Animation (DWA) owner Katzenberg has been preparing NewTV (WT) since raising nearly US$600 million last year and then launching media investment vehicle WndrCo. Whitman, currently chief executive and president of Hewlett Packard Enterprise, […]

Comcast completes US$3.8bn DreamWorks takeover

Comcast is set to go head-to-head with Disney in the kids and family sector after NBCUniversal completed its US$3.8 billion takeover of DreamWorks Animation. The deal hands Comcast’s entertainment wing NBCU franchises such as Shrek, Kung Fu Panda and How to Train Your Dragon, online assets in the shape of multichannel operator AwesomenessTV, and a […]

DreamWorks confirms daily YouTube series

Animation studio DreamWorks is launching YouTube Nation, a daily series that will showcase the best new content on the online video site. YouTube Nation will appear exclusively on YouTube and is the first daily series produced by DreamWorks Animation. It also marks the first time the YouTube brand has been used for a daily programme. […]

Katzenberg eyes extended DreamWorks-Netflix deal

DreamWorks cofounder and CEO Jeffrey Katzenberg said that he hopes the programming deal his studio has with Netflix can run for more than the initial three years agreed. In July DreamWorks sealed a deal to make 300 hours of original animated series for Netflix. Speaking at MIPCOM in Cannes, Katzenberg told delegates: “The deal is […]