• Term Sheet - Tuesday, August 7

    13 days ago - By Fortune

    MEDIA MONEY Good morning, Term Sheet readers.
    Media executive Jeffrey Katzenberg just raised $1 billion in funding to create high-quality content for a mobile audience. His new mobile video startup NewTV raised the massive round of capital from some of the biggest names in media in tech. Investors include Disney, Alibaba, NBCUniversal, 21st Century Fox, Entertainment One, ITV, Lionsgate, Metro Goldwyn Mayer, Sony Pictures Entertainment, Viacom, and Warner Media. Other investors include Goldman Sachs, JP Morgan Chase, and Madrone Capital Partners.
    NewTV is a venture under Katzenberg's...
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  • Jeffrey Katzenberg and Meg Whitman Raise $1 Billion for New Mobile Streaming Service

    14 days ago - By Fortune

    A startup unicorn is joining the streaming-video fray.
    Media mogul Jeffrey Katzenberg has raised $1 billion for a new mobile streaming service he's calling “NewTV,” CNN reports. Disney , Warner Bros, Entertainment One, and other major media firms have invested.
    Katzenberg recruited in January former eBay and HP CEO Meg Whitman to helm “NewTV.” The service is being developed within the WndrCo holding company, which last year filed its intention raise as much as $2 billion, TechCrunch reported , and has already raised $750 million separately from the unicorn round announced last week...
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  • Major media companies invest $1 billion in a new TV venture led by Jeff Katzenberg and Meg Whitman

    14 days ago - By CNBC

    The mysterious proposed streaming TV service has raised a massive investment from nearly every big name in media, plus Alibaba on the tech side.
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  • Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture

    14 days ago - By NY Times

    The longtime Hollywood executive sees a demand for high-quality bite-size content. Disney, NBC and Alibaba back his plan.
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