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After being up and running for just six months, Quibi is shutting down, announcing that it is looking to sell its content and technology assets.
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Jeffrey Katzenberg’s NewTV Raises $1 Billion
WndrCo, a holding company co-founded by Jeffrey Katzenberg, has secured $1 billion in an initial funding round for the mobile-first media platform NewTV from investors such as 21st Century Fox, Disney, Entertainment One, Lionsgate, NBCUniversal and Viacom.
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