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Broadband Technology is Powering a New Generation of TV Startups, Including Jeffrey Katzenberg’s

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BROADBAND BREAKFAST INSIGHT: With Jeffrey Katzenberg getting into the game, we now see a multitude of video entities and many over-the-top outfits promoting an array of content offerings. Katzenberg’s take? Short-form TV. Let a thousand flowers bloom!

Katzenberg’s NewTV Video Startup Raises $800 Million, from Bloomberg

Hollywood mogul Jeffrey Katzenberg has secured about $800 million in financing for his video startup NewTV, which the company will use to fund high-end TV series that have YouTube-length episodes, according to people with knowledge of the matter.

A constellation of large media companies, including 21st Century Fox Inc.and Warner Bros., is supplying NewTV with about $200 million, said the people, who asked not to be identified because the discussions are private. NewTV has secured the rest of its financing from institutional investors, according to the people, and it plans to announce the fundraising in the coming weeks.

NewTV will use the money to finance shows that are roughly the duration of a typical YouTube clip, but at a cost more on a par with a Netflix Inc. series. Each NewTV series will cost about $5 million to $6 million per hour, the people said, but individual episodes won’t run much longer than 15 minutes.

[more…]

Source: Katzenberg’s NewTV Video Startup Raises $800 Million – Bloomberg

(Photo of Jeffrey Katzenberg talking at the 2014 World Travel & Tourism Council’s Global Summit in Hainan, China by World Travel & Tourism Council used with permission.)

Drew Clark is the Editor and Publisher of BroadbandBreakfast.com and a nationally-respected telecommunications attorney at The CommLaw Group. He has closely tracked the trends in and mechanics of digital infrastructure for 20 years, and has helped fiber-based and fixed wireless providers navigate coverage, identify markets, broker infrastructure, and operate in the public right of way. The articles and posts on Broadband Breakfast and affiliated social media, including the BroadbandCensus Twitter feed, are not legal advice or legal services, do not constitute the creation of an attorney-client privilege, and represent the views of their respective authors.

Big Tech

Aron Solomon: Epic vs. Apple, The Legal Battle Royale

In the lawsuit over the massively popular game Fortnite, it’s easy for people to take sides based on our attachment to it.

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The author of this Expert Opinion is Aron Solomon, head of digital strategy for NextLevel.com.

BROADBAND BREAKFAST INSIGHT: With Jeffrey Katzenberg getting into the game, we now see a multitude of video entities and many over-the-top outfits promoting an array of content offerings. Katzenberg’s take? Short-form TV. Let a thousand flowers bloom!

Katzenberg’s NewTV Video Startup Raises $800 Million, from Bloomberg

Hollywood mogul Jeffrey Katzenberg has secured about $800 million in financing for his video startup NewTV, which the company will use to fund high-end TV series that have YouTube-length episodes, according to people with knowledge of the matter.

A constellation of large media companies, including 21st Century Fox Inc.and Warner Bros., is supplying NewTV with about $200 million, said the people, who asked not to be identified because the discussions are private. NewTV has secured the rest of its financing from institutional investors, according to the people, and it plans to announce the fundraising in the coming weeks.

NewTV will use the money to finance shows that are roughly the duration of a typical YouTube clip, but at a cost more on a par with a Netflix Inc. series. Each NewTV series will cost about $5 million to $6 million per hour, the people said, but individual episodes won’t run much longer than 15 minutes.

[more…]

Source: Katzenberg’s NewTV Video Startup Raises $800 Million – Bloomberg

(Photo of Jeffrey Katzenberg talking at the 2014 World Travel & Tourism Council’s Global Summit in Hainan, China by World Travel & Tourism Council used with permission.)

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Antitrust

Section 230 Has Coddled Big Tech For Too Long, Says Co-Author of Book on Amazon

Co-author of “The Amazon Jungle” says Section 230 has allowed Big Tech to get away with far too much.

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"The Amazon Jungle" co-author Jason Boyce

BROADBAND BREAKFAST INSIGHT: With Jeffrey Katzenberg getting into the game, we now see a multitude of video entities and many over-the-top outfits promoting an array of content offerings. Katzenberg’s take? Short-form TV. Let a thousand flowers bloom!

Katzenberg’s NewTV Video Startup Raises $800 Million, from Bloomberg

Hollywood mogul Jeffrey Katzenberg has secured about $800 million in financing for his video startup NewTV, which the company will use to fund high-end TV series that have YouTube-length episodes, according to people with knowledge of the matter.

A constellation of large media companies, including 21st Century Fox Inc.and Warner Bros., is supplying NewTV with about $200 million, said the people, who asked not to be identified because the discussions are private. NewTV has secured the rest of its financing from institutional investors, according to the people, and it plans to announce the fundraising in the coming weeks.

NewTV will use the money to finance shows that are roughly the duration of a typical YouTube clip, but at a cost more on a par with a Netflix Inc. series. Each NewTV series will cost about $5 million to $6 million per hour, the people said, but individual episodes won’t run much longer than 15 minutes.

[more…]

Source: Katzenberg’s NewTV Video Startup Raises $800 Million – Bloomberg

(Photo of Jeffrey Katzenberg talking at the 2014 World Travel & Tourism Council’s Global Summit in Hainan, China by World Travel & Tourism Council used with permission.)

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Social Media

Josh Hawley Wants To Break Up Big Tech And Revisit How Antitrust Matters Are Considered

Senator Josh Hawley talks Section 230, antitrust reform, and the Capitol riots.

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Josh Hawley, right, via Flickr

BROADBAND BREAKFAST INSIGHT: With Jeffrey Katzenberg getting into the game, we now see a multitude of video entities and many over-the-top outfits promoting an array of content offerings. Katzenberg’s take? Short-form TV. Let a thousand flowers bloom!

Katzenberg’s NewTV Video Startup Raises $800 Million, from Bloomberg

Hollywood mogul Jeffrey Katzenberg has secured about $800 million in financing for his video startup NewTV, which the company will use to fund high-end TV series that have YouTube-length episodes, according to people with knowledge of the matter.

A constellation of large media companies, including 21st Century Fox Inc.and Warner Bros., is supplying NewTV with about $200 million, said the people, who asked not to be identified because the discussions are private. NewTV has secured the rest of its financing from institutional investors, according to the people, and it plans to announce the fundraising in the coming weeks.

NewTV will use the money to finance shows that are roughly the duration of a typical YouTube clip, but at a cost more on a par with a Netflix Inc. series. Each NewTV series will cost about $5 million to $6 million per hour, the people said, but individual episodes won’t run much longer than 15 minutes.

[more…]

Source: Katzenberg’s NewTV Video Startup Raises $800 Million – Bloomberg

(Photo of Jeffrey Katzenberg talking at the 2014 World Travel & Tourism Council’s Global Summit in Hainan, China by World Travel & Tourism Council used with permission.)

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