Latest in Meg Whitman

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…

Los Angeles Mayor Eric Garcetti announced today that some of Hollywood's biggest names have put some big bucks on the City of Angels' frontlines fighting the coronavirus pandemic. "I've seen it in the can-do spirit of some of the pillars of our community who are making personal contributions that we're redistributing…

Quibi is one of the most anticipated platform launches of the year and it's also one of the most talked about in Hollywood circles. While the short-form service, which comes out on April 6, is launching around the same time as HBO Max and NBCUniversal's Peacock, the presence of ex-Walt Disney Studios chairman and…

Short form video streaming service Quibi announced Wednesday that it's closed a second funding round — raising $750 million ahead of its scheduled launch next month. Closing this financing round brings the platform’s total raised to $1.75 billion The second raise included investments by new and existing investors…

Quibi founder Jeffrey Katzenberg and CEO Meg Whitman took the stage Wednesday morning at the Consumer Electronics Show (CES) in Las Vegas at the Park MGM theater to give a look at the much-buzzed-about mobile streaming short-form platform. This was the first time that Quibi has shown their innovative platform to an…