Latest in Meg Whitman

UPDATED; 7:28 AM The end credits have finished rolling for Quibi, the ambitious short-form subscription video service that launched last April at the beginning of the coronavirus pandemic. After a brief and floundering run, the Jeffrey Katzenberg and Meg Whitman run app is over as of today  – as anticipated. Quibi…

The reverberations of Jeffrey Katzenberg and Meg Whitman's stunning Quibi shutdown are being felt both in financial circles — where the $2 billion failure cements itself as a cautionary tale — and in Hollywood’s beleaguered creative community where many believe Quibi’s demise will make it harder for the next big idea…

EXCLUSIVE: "There was no question that keeping us going was not going to have a different outcome, it was just going to spend a whole lot more money without any value to show for it," Jeffrey Katzenberg told Deadline on Wednesday in his first interview after the decision to shut down Quibi just six months after…

UPDATED at 3:30PM PT with official statements. Quibi, the mobile streaming service launched amid great fanfare and nearly $2 billion in start-up capital by Jeffrey Katzenberg and Meg Whitman, is officially shutting down. Katzenberg and CEO Whitman held a video call with investors this afternoon to explain their…

Quibi continues to face headwinds nearly two months after launching, but the mobile-focused streaming startup has told its staff that reports of imminent layoffs are inaccurate. In an internal memo Wednesday, founder Jeffrey Katzenberg and CEO Meg Whitman said senior executives have agreed to take a 10% pay cut…

EXCLUSIVE: Quibi CEO Meg Whitman concedes that the early run of the mobile-first streaming service has come in “slightly below expectations,” due in large part to the paralyzing effects of COVID-19. In an interview with Deadline, though, Whitman described the streaming service’s initial performance as “solid,” adding…

Jeffrey Katzenberg's Quibi went very close to the mattresses today in federal court in its ongoing rumpus with the now Elliott Management-backed interactive-video company over motion flipping technology. "This is a case built on circumstantial evidence," Quibi's top outside counsel Michael Jacobs proclaimed in a…

Megan Imbres, the head of brand and content marketing at Quibi, is leaving several weeks after the short-form streaming service launched. Imbres announced her departure in an email to employees on Wednesday, calling the post-launch period an "opportune time to transition.” “Now that we are on the other side of launch…

Quibi, the mobile streaming service from Jeffrey Katzenberg and Meg Whitman, saw 1.7 million downloads of its app in its first week of operation, Whitman said Monday. Whitman, appearing on CNBC and Fox Business this morning, said the number exceeded company expectations, noting that 80% of users who started watching a…

UPDATE, 6:36 PM: Quibi launched earlier this week with its much hyped Turnstyle feature, but Eko will get their day in court for a preliminary injunction over the motion flipping technology sooner rather than later, it seems. “Based on a review of Plaintiff's Ex Parte Application for Accelerated Hearing Date and…

After months of hype and anticipation, Quibi is finally here and it's a mixed bag, as our video review above says. Launching today, Jeffery Katzenberg's big-name-filled mobile platform was available for download in app stores with more than 20 shows of various genres ready for viewing. Taking this initial slate for…

EXCLUSIVE: Back in June 2019, when Quibi founder Jeffrey Katzenberg and CEO Meg Whitman unveiled that their $1.7BN-backed streaming platform would launch on April 6, 2020, the world looked very different than it does today. Flash forward 10 months and the planet is in the grips of a deadly pandemic that has infected…