Category Archives: cord cutting

Jeffrey Katzenberg’s NewTV closes a billion-dollar round, says report

Jeffrey Katzenberg’s new mobile video startup NewTV, which snagged Meg Whitman as CEO in January, has now closed on $1 billion in funding, according to a report out today in CNN. Investors in the round include Disney, 21st Century Fox, Warner Bros, Entertainment One and other media companies, with a combined $200 million investment, while institutional investors from the U.S. and China made up the rest. The news follows a May report from Bloomberg, which said NewTV had then raised around $800 million. It had also said 21st […]

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