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, […]