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

Drew Clark

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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.

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.

Benjamin Kahn

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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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Social Media

Oversight Board Upholds Trump’s Ban From Facebook

The Oversight Board has sent the decision back to Facebook management, criticizing it for setting a “standardless” penalty.

Benjamin Kahn

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on

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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Big Tech

Lina Khan Pitches Ideas For Regulating Big Tech In Nomination Hearing

Senate Commerce Committee considers nominations for Lina Khan, Bill Nelson and Leslie Kiernan.

Tim White

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Screenshot of Lina Khan at Senate hearing

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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