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 […]
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 […]
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, […]
