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Quibi
Quibi ( ) was a short-lived American short-form streaming platform that generated content for viewing on mobile devices. It was founded in Los Angeles in August 2018 as NewTV by Jeffrey Katzenberg and was led by Meg Whitman, its CEO. The service raised $1.75 billion from investors. It launched in April 2020, but shut down in December 2020 after falling short of its subscriber projections. In January 2021, Quibi's content library was sold to Roku, Inc. for less than $100 million. History Pre-launch Quibi was founded in August 2018 as NewTV by Jeffrey Katzenberg and was led by Meg Whitman, its CEO. In October 2018, NewTV was renamed Quibi. The service targeted a younger demographic, with content delivered in 10-minute episodes called "quick bites" (with the name Quibi derived from "QUI-ck BI-tes"). In 2018, Quibi raised $1 billion in funding from major Hollywood film studios, TV companies, telecommunications companies, technology companies, banks, and other investors including Th ...
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Jeffrey Katzenberg
Jeffrey Katzenberg (; born December 21, 1950) is an American filmmaker, animator, and media proprietor. He became well known for his tenure as chairman of Walt Disney Studios from 1984 to 1994. After departing Disney, he was a co-founder and CEO of DreamWorks Animation, where he oversaw the production of such animated franchises as ''Shrek'', ''Madagascar'', ''Kung Fu Panda'', and ''How to Train Your Dragon''. He has since founded a new media and technology company called WndrCo and was the founder of Quibi, a defunct short-form mobile video platform. Katzenberg has also been involved in politics. With his active support of Hillary Clinton and Barack Obama, he was called "one of Hollywood's premier political kingmakers and one of the Democratic Party's top national fund-raisers." Early life Katzenberg was born in New York City, to a Jewish family, the son of Anne, an artist, and Walter Katzenberg, a stockbroker. He attended the Ethical Culture Fieldston School, graduating in ...
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Meg Whitman
Margaret Cushing Whitman (born August 4, 1956) is the US ambassador to Kenya, an American business executive and former gubernatorial candidate for California. She is a board member of Procter & Gamble and General Motors. Whitman was previously president and CEO of Hewlett Packard Enterprise. She was also the CEO of Quibi from its foundation in August 2018 until its closure in December 2020. Whitman was a senior member of Mitt Romney's presidential campaigns in both 2008 and 2012 and ran for governor of California as a Republican in 2010, but supported Hillary Clinton in the 2016 general election and Joe Biden in the 2020 general election. Whitman was an executive in The Walt Disney Company, where she was vice president of Strategic Planning throughout the 1980s. In the 1990s, she was an executive for DreamWorks, Procter & Gamble, and Hasbro. Whitman was president and CEO of eBay from 1998 to 2008. During Whitman's 10 years with the company, she oversaw its expansion from 30 e ...
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The Roku Channel
The Roku Channel is an American over-the-top video streaming service owned and operated by Roku, Inc., which launched in September 2017. History In September 2017, Roku, Inc. launched a free, ad-supported streaming channel for its digital media players, Roku. The service has licensing deals for content with Sony Pictures, Warner Bros., Metro-Goldwyn-Mayer, Lionsgate, and Paramount Pictures, and also has content from existing Roku channel partners American Classics, FilmRise, Vice Media's Nosey, OVGuide, Popcornflix, Vidmark, and YuYu. On August 8, 2018, The Roku Channel became available on the web as a standalone website. Originally only available in the United States, it launched in the United Kingdom on April 7, 2020, with a different selection of movies and TV shows. On January 8, 2021, Roku announced that it had acquired the original content library of the defunct mobile video service Quibi Quibi ( ) was a short-lived American short-form streaming platform that genera ...
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CTV News
CTV News is the news division of the CTV Television Network in Canada. The name ''CTV News'' is also applied as the title of local and regional newscasts on the network's owned-and-operated stations (O&Os), which are closely tied to the national news division. Local newscasts on CTV 2 are also branded as ''CTV News'', although in most cases they are managed separately from the newscasts on the main CTV network. National programs CTV's national news division produces the following programs: * '' CTV National News'', the nightly newscast anchored by Omar Sachedina (weekdays) and Sandie Rinaldo (weekends); * '' W5'', a weekly newsmagazine series; * ''Question Period'', a weekly news and interview series;. CTV News also operates the national 24-hour news channel CTV News Channel and the 24-hour national business news channel BNN Bloomberg, both of which are available across Canada on cable and satellite. The news division produced the weekday morning news and entertainment pro ...
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Roku, Inc
Roku, Inc. ( ) is an American publicly traded company based in San Jose, California, that manufactures a variety of digital media players for video streaming. Roku has an advertising business and also licenses its hardware and software to other companies. History Roku was founded in October 2002 as a limited liability company (LLC), by ReplayTV founder Anthony Wood (businessman), Anthony Wood. ''Roku'' (六) means "six" in the Japanese language, to represent the fact that Roku is the sixth company Wood started. In April 2007 Wood was named a vice president of Netflix. After Netflix decided to not build its own player, a new Roku company was incorporated in February 2008, based in Palo Alto, California, with Netflix as an investor of $6 million, to build a player. Later in 2008 company headquarters moved to Saratoga, California, further south in Silicon Valley. A round of venture capital funding from Menlo Ventures was announced in October 2008. Another round of about $8.4 milli ...
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Entertainment One
Entertainment One Ltd., trading as eOne, is an American-owned Canadian multinational entertainment company. Based in Toronto, Ontario, the company is primarily involved in the acquisition, distribution, and production of films and television series. The company was listed on the London Stock Exchange before it was acquired by Hasbro on December 30, 2019. History Establishment The company has its origins in the music distributor Records on Wheels Limited (which was established in 1970), and the music retail chain CD Plus. The chain was in the process of acquiring other companies to bolster its wholesale operations in music and home video, leading to its purchase of ROW in 2001. Its vice president of operations, Darren Throop, had joined the company after CD Plus acquired his Halifax-based record store chain Urban Sound Exchange. The combined company later became known as ROW Entertainment, with Throop as president and CEO. The company listed itself on the Toronto Stock Excha ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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JPMorgan Chase
JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the world's largest bank by market capitalization, and the fifth largest bank in the world in terms of total assets, with total assets of US$3.774 trillion. Additionally, JPMorgan Chase is ranked 24th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important bank by the Financial Stability Board. As a " Bulge Bracket" bank, it is a major provider of various investment banking and financial services. It is one of America's Big Four banks, along with Bank of America, Citigroup, and Wells Fargo. JPMorgan Chase is considered to be a universal bank and a custodian bank. The J.P. Morgan brand is used by the investment banking, asset management, private banking, wealth man ...
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Metro-Goldwyn-Mayer
Metro-Goldwyn-Mayer Studios Inc., also known as Metro-Goldwyn-Mayer Pictures and abbreviated as MGM, is an American film, television production, distribution and media company owned by amazon (company), Amazon through MGM Holdings, founded on April 17, 1924 and based in Beverly Hills, California. MGM was formed by Marcus Loew by combining Metro Pictures, Goldwyn Pictures, and Louis B. Mayer Productions, Louis B. Mayer Pictures into one company. It hired a number of well known actors as contract players—its slogan was "more stars than there are in heaven"—and soon became Hollywood's most prestigious film studio, producing popular musical films and winning many Academy Awards. MGM also owned film studios, movie lots, movie theaters and technical production facilities. Its most prosperous era, from 1926 to 1959, was bracketed by two productions of ''Ben-Hur (1959 film), Ben Hur''. After that, it divested itself of the Loews movie theater chain, and, in the 1960s, diversified ...
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Greg Penner
Gregory Boyd Penner (born December 18, 1969) is an American businessman and venture capitalist. Penner is a co-owner and CEO of the Denver Broncos. Penner was named the chairman of Walmart in June 2015. He is the son-in-law of S. Robson Walton and the grandson-in-law of Sam Walton, the founder of Walmart. Early life Penner is the son of Clifford and Joyce Penner, sex therapists based in Pasadena, California. They have published sex-advice books from a Christian perspective. He earned a degree from Georgetown University, where he majored in international economics, and an MBA from the Stanford Graduate School of Business in 1997. Career He worked as a financial analyst at Goldman Sachs. Prior to being named Walmart chairman, Penner held a variety of roles at Walmart. He started as a store employee and eventually became the CFO of Walmart Japan. He was appointed to the Walmart board of directors in 2008 and was named vice-chairman in 2014. Penner is the founder of Madr ...
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Goldman Sachs
Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, Hong Kong, Tokyo, Dallas and Salt Lake City, and additional offices in other international financial centers. Goldman Sachs is the second largest investment bank in the world by revenue and is ranked 57th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important financial institution by the Financial Stability Board. The company has been criticized for a lack of ethical standards, working with dictatorial regimes, close relationships with the U.S. federal government via a "revolving door" of former employees, and driving up prices of commodities through futures speculation. While the company has appeared on the 100 Best Companies to Work For list compiled by ''Fortune'' ...
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BBC Studios
BBC Studios is a British content company. It is a commercial subsidiary of the BBC that was formed in April 2018 through the merger of the BBC's commercial production arm and the BBC's commercial international distribution arm, BBC Worldwide. BBC Studios creates, develops, produces, distributes, broadcasts, finances and sells content around the world, returning around £200m to the BBC annually in dividends and content investment. Overview BBC Studios Productions brings together the majority of BBC Television's former in-house production departments; Factual, Drama, Comedy, (both combined as Scripted in the new division), Entertainment, and Music & Events. BBC Children's production is set to move into BBC Studios Productions from April 2022 to increase the potential of taking British children's content to the wider global market, along with BBC Three's in-house production team, which is joining from April 2021. BBC News and BBC Radio remain separate internal production divisio ...
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