Hollywood mogul Jeffrey Katzenberg has secured close to $1 billion in backing for WndrCo’s mobile video startup NewTV, winning backing from major Hollywood players. Several of the major studios, including Disney, 21st Century Fox and Warner Bros., have collectively invested around $200 million in the venture, CNN reported. The venture also is attracting investment from Sony Pictures, as well as beyond the entertainment industry, say those familiar with the private…
Hollywood mogul Jeffrey Katzenberg has secured close to $1 billion in backing for WndrCo’s mobile video startup NewTV, winning backing from major Hollywood players. Several of the major studios, including Disney, 21st Century Fox and Warner Bros., have collectively invested around $200 million in the venture, CNN reported. The venture also is attracting investment from Sony Pictures, as well as beyond the entertainment industry, say those familiar with the private…
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