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Quibi to Wind Down, Sell Technology and Content Assets
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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