Disputes, Employee Misconduct Rattle Centerview’s Silicon Valley DreamsRead more

Briefing

Jeffrey Katzenberg Raises $1 Billion for Mobile Video Service

By
Tom Dotan
· · Source: CNBC

The era of NewTV is upon us. So goes the promotion from Jeffrey Katzenberg and Meg Whitman—two former CEOs who are making a go of it by trying to reinvent the way we watch entertainment on our phones. Today they officially announced they’d raised $1 billion for NewTV, with investments from major movie studios like Disney, NBCUniversal as well as Alibaba and Madrone Capital.  So much about this...

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