Jeffrey Katzenberg says the launch of Quibi, hisnew short-video service, hasn’t gone to plan. The company has recorded 3.5 million downloads since its launch a month ago, and of that, 1.3 million are “active users”—figures that Katzenberg said were a disappointment. Those numbers are well short of its internal projections of reaching more than 7 million subscribers with a year of Quibi’s launch....
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The Heir Who Wants to Be Mayor
Hi, welcome to your Weekend.To spend time with Daniel Lurie is to understand the true meaning of the word “mensch.” Everyone who knows the San Francisco philanthropist and Levi’s heir says pretty much the same things about him: Daniel is “a really good guy”—affable, smart, egoless and earnest in his desire to improve the lives of the neediest. So earlier this year, when I began hearing...
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