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Quibi
Quibi ( ) was an 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 as 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. The platform's concepts and failure inspired widespread mockery. History Pre-launch Quibi was founded in August 2018 as NewTV by Jeffrey Katzenberg and was led by Meg Whitman as 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, technol ...
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Jeffrey Katzenberg
Jeffrey Katzenberg ( ; born December 21, 1950) is an American media proprietor and film producer. He served as chairman of Walt Disney Studios (division), Walt Disney Studios from 1984 to 1994, a position in which he oversaw production and business operations for the company's feature films. Following his departure, he co-founded DreamWorks SKG in 1994, where he served as the company's chief executive officer (CEO) and executive producer of its animated franchises—including ''Shrek (franchise), Shrek'', ''Madagascar (franchise), Madagascar'', ''Kung Fu Panda'', and ''How to Train Your Dragon''—until stepping down from the title in 2016. He has since founded the venture capital firm WndrCo in 2017, which invests in digital media projects, and launched Quibi in 2020, a defunct short-form mobile video platform that lost US$1.35 billion in seven months. Katzenberg has also been involved in politics as an campaign finance, election donor. With active support of Hillary Clinton and ...
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Meg Whitman
Margaret Cushing Whitman (born August 4, 1956) is an American business executive, diplomat, and politician. A member of the Republican Party, she ran for governor of California in the 2010 California gubernatorial election and lost to former California Governor Jerry Brown, 54% to 41%. The fifth-wealthiest woman in California with a net worth of $1.3 billion in 2010, she spent, at the time, more of her own money on a single election than any other political candidate in American history. The $144 million of her own fortune she used for the race (the campaign spent $178.5 million in total, including money from donors) was surpassed only by Michael Bloomberg in the 2020 presidential election. Whitman was a senior presidential campaign official for Republican Mitt Romney in both 2008 and 2012, although she supported Democrats Hillary Clinton and Joe Biden in the 2016 presidential election and the 2020 presidential election, respectively. In December 2021, Whitma ...
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The Roku Channel
The Roku Channel is an over-the-top video streaming service available in the U.S., Canada, Mexico and the UK. The service was launched in 2017, and is owned and operated by Roku, Inc. It is the most popular free ad-supported streaming television (FAST) service in the U.S., reportedly reaching 145 million people, as of 2024. The Roku Channel includes over 500 free channels, more than 80,000 free movies and shows, and access to paid content. The service can be streamed using streaming players and smart TVs from Roku as well as other providers, through the Roku mobile app, or via web browsers running on PCs, tablets or mobile phones. History 2017–2019: Launch in North America The Roku Channel was launched in September 2017 as a free, ad-supported streaming television service ("FAST"), available to viewers in the U.S. Roku's CEO Anthony Wood stated in the same month that the channel was a "way for content owners to publish their content on Roku without writing an app". By Au ...
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Roku, Inc
Roku, Inc. ( ) is an American public company. Founded in 2002 by Anthony Wood (businessman), Anthony Wood, it produces Digital media player, streaming players and TVs, distributes Streaming television, streaming services and operates an Television advertisement, ad business on its Platform as a service, platform. Roku is the U.S. market leader in streaming video distribution, reaching 145 million people as of 2024. The company also operates in Australia, Canada, France, Germany, the U.K., and Latin American countries including Argentina, Brazil, Chile, Colombia, Mexico and Peru. In its initial years, Roku focused on making high-definition video players and launched the first Streaming device, connected TV device to stream Netflix in 2008. Later, in 2014, the company expanded the reach of its streaming platform by partnering with TV manufacturers to license Roku's technology. This allowed Roku OS, Roku's operating system to get pre-installed on smart TVs. Roku has since added c ...
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Entertainment One
Lionsgate Canada is a Canadian entertainment company and a subsidiary of Lionsgate Studios. Based in Toronto, the company is primarily involved in the acquisition and production of films and television series. The company began on June 1, 1973 as the Canadian music distributor Records on Wheels Limited. After it was acquired by music retailer CD Plus, the company became ROW Entertainment; with its vice president of operations Darren Throop becoming president and CEO. ROW later acquired American music and home entertainment distributor Koch Entertainment. By 2007, the company—now known as Entertainment One—had begun to acquire other production companies and film distributors including Canadian distributors Les Films Séville and Alliance Films. By 2015, eOne had begun to expand its American operations, including investing in Amblin Partners, and acquiring a stake in The Mark Gordon Company. On December 30, 2019, eOne was acquired by American toy and entertainment company Ha ...
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Lionsgate
Lions Gate, Lion Gate or similar terms may refer to: Gates *Lion Gate at Mycenae in Greece *Lion Gate, one of the entrances to the ancient Hittite city of Hattusa, now in Turkey *Lion Gate, one of the entrances to the gardens of Hampton Court Palace in London *Lion Gate, one of the entrances to Kew Gardens in London *Lions Gate ( Porta Leoni), Roman gate in Verona * Lions' Gate, also called St. Stephen's Gate, Old City of Jerusalem *Porte des Lions, monumental passageway in the Louvre Palace Entertainment *Lionsgate Studios, a media company **Lionsgate Films, the film studio division **Lionsgate Television, the television studio division ** Lionsgate Canada, Canadian subsidiary that acquires and produces film and television series ** Starz Entertainment, the original parent company that did business as Lionsgate Entertainment Corporation Places *Lions Gate Bridge, Greater Vancouver, British Columbia, Canada; a bridge * Lions Gate Hospital, North Vancouver, British Columbia, Canada ...
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Viacom (2005–2019)
The second incarnation of Viacom Inc. ( or ; a portmanteau of Video & Audio Communications) was an American multinational mass media and entertainment conglomerate with interests primarily in film and television. It was split from the original Viacom on December 31, 2005 alongside the second incarnation of CBS Corporation. The controlling shareholder of both companies was National Amusements, a theater company headed by businessman Sumner Redstone. The split was structured so that the original Viacom changed its name to CBS Corporation and spun out its cable and film interests as a new Viacom. The second Viacom operated Viacom Media Networks, through which it controlled approximately 170 networks and reached approximately 700 million subscribers in approximately 160 countries.
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RTL Group
RTL Group S.A. ("Radio Télévision Luxembourg") is a Luxembourg-based international media conglomerate, with another corporate office in Cologne, Germany. The company operates 56 television channels and 36 radio stations in Germany, France and other European countries. It also offers national streaming platforms, content productions and a range of digital services. Important segments of RTL Group are RTL Deutschland, Groupe M6 and Fremantle. The company in its present form was established by Bertelsmann, Groupe Bruxelles Lambert (GBL), and Pearson plc in 2000. As of 2024 Bertelsmann, a conglomerate based in the German city of Gütersloh owns 76% of the shares in the company, after holding a stake of more than 90% in the past. RTL Group is one of a total of eight divisions of Bertelsmann: It is responsible for more than a third of its revenue and a large share of its operating profit. It is one of the founding members of the European Broadcasting Union. History Historica ...
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Fremantle (company)
Fremantle Limited (), formerly FremantleMedia, is a British multinational television production and distribution company based in London. The company was founded as Pearson Television in 1993 when publishing and education company Pearson acquired the former British ITV franchisee Thames Television. Fremantle takes its name from Fremantle International, which was acquired by predecessor company All American Television in 1994. Pearson Television and Bertelsmann's CLT-UFA merged in 2000 to form the RTL Group, with Pearson Television itself being renamed FremantleMedia on 20 August of the following year. Fremantle owns non-scripted formats, including the British talent shows '' Idols'', '' Got Talent'' and ''The X Factor''; all of which have been sold globally. Since 1994, Fremantle has distributed American game shows locally in the United States and globally. History Pearson Television (1993–2001) On 23 April 1993, Pearson plc bought Thames Television, which had ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, 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 general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Metro-Goldwyn-Mayer
Metro-Goldwyn-Mayer Studios Inc. (also known as Metro-Goldwyn-Mayer Pictures, commonly shortened to MGM or MGM Studios) is an American Film production, film and television production and film distribution, distribution company headquartered in Beverly Hills, California. Metro-Goldwyn-Mayer was founded on April 17, 1924, and has been owned by the Amazon MGM Studios subsidiary of Amazon (company), Amazon since 2022. MGM was formed by Marcus Loew by combining Metro Pictures, Goldwyn Pictures and 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 filmmaking company, 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: A Tale of the Christ ...
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Greg Penner
Gregory Boyd Penner (born December 18, 1969) is an American businessman who is the chairman of Walmart and co-owner and CEO of the Denver Broncos of the National Football League (NFL). 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 majored in international economics at Georgetown University before earning an MBA from the Stanford Graduate School of Business in 1997. Career He worked as a financial analyst at Goldman Sachs. Prior to succeeding father-in-law Rob Walton as 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 Madrone Capital ...
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