One of the worst things about Quibi is its name. The mobile streaming platform was already fighting an uphill battle just in explaining the concept of its app to prospective users, but then it went and threw a nonsensical fake word – short for “quick bites” – into the mix on top of that.
But it turns out that “Quibi” wasn’t the first choice for the name of the app. The initial choice was much, much worse.
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When a mysterious new startup founded by Hollywood mainstay Jeffrey Katzenberg earned the support of every major movie studio and secured over a billion dollars in funding before it even had a name, it turned a lot of heads. But when that name was revealed to be “Quibi,” the company became the butt of jokes – and despite convincing several top-tier filmmakers and actors to make content for it, the service was never able to shake the target off its back.
After an underwhelming launch in April (which feels like it happened approximately nine zillion years ago), Katzenberg and his team are trying to do some damage control in response to rumors that Quibi could end up instituting layoffs at the company.
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After several bloody days of the Steven Spielberg vs. Netflix war, we may have finally arrived at a ceasefire. Despite reports to the contrary, Spielberg friend and colleague Jeffrey Katzenberg says that the filmmaker has no desire to change Academy rules to hinder Netflix. Apparently, this entire thing was a huge misunderstanding, with someone misquoting something someone else – not Spielberg – said. Is that it then? Can we all finally move on from this?
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If you thought there were already too many streaming services to choose from, prepare yourselves for a new contender to enter the fray. Former Walt Disney Studios chairman and DreamWorks co-founder Jeffrey Katzenberg and CEO Meg Whitman have announced that their short-form content mobile subscription platform has an official name: Quibi, which is short for “quick bites.” As in, quick bites of content that are only 10-15 minutes long.
No, this is not a joke.
In addition to unveiling the platform’s name, the company’s founders revealed a handful of major Hollywood players who are on board to develop shows for the new service, including Jason Blum, Guillermo del Toro, Antoine Fuqua, and the previously-announced Sam Raimi. After you catch your breath from laughing so hard at the dorkiest name in streaming – Seriously? “Quibi?” – keep reading to learn more about each of their new shows. Read More »
Would you pay money to watch original series with episodes running 10 minutes each, sometimes less? Jeffrey Katzenberg and Meg Whitman sure hope so, as they’re about to launch NewTV. The streaming-video project will feature short-form entertainment for $5 or $8 dollars a month, depending on whether or not you want to put up with ads. And now, NewTV has tapped director Sam Raimi to develop on of their series – 50 States of Fear.
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Any time a start-up manages to raise $1 billion in the entertainment space, it’s worth raising an eyebrow. But when that same company’s investors include every single major Hollywood movie studio and a tech giant like the Chinese company Alibaba (which is worth over $500 billion and is one of the 10 biggest companies in the world), it’s really worth paying attention.
Enter NewTV, the working title for a new media company that “brings together the best of Silicon Valley and Hollywood to create the first entertainment platform built for easy, on-the-go mobile viewing, allowing today’s leading studios and creative talent to tell original stories in an entirely new way.” Buzzwords aside, what does that actually mean? Read More »
When Jerry Maguire (Tom Cruise) has a bit of a “breakthrough, not a breakdown,” he wears his heart on his sleeve for the first time in a long time and writes “The Things We Think and Do Not Say: The Future of Our Business.” What does he get in return for penning the heartfelt mission statement? Fired. Instead of becoming the man he always wanted to be simply overnight, a selfless and caring man, he ends up losing sight of himself once again. While the mission statement initially doesn’t go according to plan, Maguire ultimately does become that man he envisioned by the end of writer-director Cameron Crowe‘s 1996 film.
Via voiceover, we only hear snippets from Maguire’s 25-page mission statement, but with the 20th anniversary of Jerry Maguire coming up, “The Things We Think and Do Not Say: The Future of Our Business” has been made available to read in its entirety. Read an excerpt from the Jerry Maguire mission statement below.
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The animation world was rocked this week as Dreamworks Animation closed its PDI Studio in northern California. The closure comes as part of an expected round of Dreamworks Animation layoffs, but the 500 jobs that were cut this week far exceeded expectations, and the closure of the studio had not been predicted at all. Along with these layoffs comes a significant reduction in production, as the company’s planned three film per year output will now back off to only two films: one original per year, and one sequel.
Along with this closure comes another push for the How to Train Your Dragon 3 release date — the film will now arrive in 2018. Read More »
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A current U.S. President on a motion capture stage. That’s not something you see every day. But it happened Tuesday when President Barack Obama visited DreamWorks Animation to talk to the company (which is headed by major Obama contributor and fundraiser Jeffrey Katzenberg). The President called the entertainment industry “one of the bright spots of our economy” and got a tour of the facility.
One of the stops was the motion capture stage where How to Train Your Dragon 2 director Dean DeBlois explained and demonstrated the technique for the President. And, as a bonus, there’s some new footage from the 2014 sequel. Check out the video below. Read More »
In 2012, DreamWorks Animation acquired the library of Classic Media, a company that owns the rights to many pop culture brands. Some examples are Masters of the Universe, Voltron, Rocky and Bulwinkle, Lassie, Mr. Magoo and Where’s Waldo, but the company owns even more than that. As far as the public knows, nothing has really happened with the purchase yet but, the CEO of the company revealed the plans are big.
Jeffrey Katzenberg believes the Classic Media library is to DreamWorks what the Marvel library is to Disney. And, in the future, the company plans to “reinvent” these franchises. Read More »