Jeffrey Katzenberg Latest Celebrity News & Gossip

James McClain Last month, former Dreamworks CEO-turned-founder of the struggling Quibi venture Jeffrey Katzenberg electrified L.A.’s luxury real estate market by inking a deal to sell his custom-built Beverly Hills home for $125 million in cash.

To say 2020 has been a rough year for Quibi only paints half of the picture. Sure, company’s go through rough patches, as many are finding themselves in right now during the global pandemic.

Todd Spangler NY Digital EditorQuibi, the mobile subscription TV startup founded by Jeffrey Katzenberg, is exploring “strategic options” for the company including a potential sale, the Wall Street Journal reported.Launched in April 2020, Quibi has raised about $1.75 billion from major studios and other investors and has banked dozens of original series coming from Hollywood A-listers.

Todd Spangler NY Digital EditorQuibi, in its awards-season debut, picked up two acting trophies at the Creative Arts Emmy Awards on Thursday night.Both were for “#Freerayshawn,” a police drama from from executive producer Antoine Fuqua: Laurence Fishburne and Jasmine Cephas Jones won the acting awards in the short-form category.The first Emmy wins for Quibi, led by Jeffrey Katzenberg and Meg Whitman, don’t come as a surprise: The well-funded mobile streamer has paid handsomely for its originals

Norman Lear, Honoree at the 2017 Kennedy Center Honors. Official White House Photograph

Gene Maddaus Senior Media WriterA virtual fundraiser co-hosted by Jeffrey Katzenberg and George Clooney netted $7 million for Joe Biden’s presidential campaign on Friday, according to the organizers.The fundraiser featured appearances from Biden, running mate Kamala Harris, and their spouses, according to a release.

Ted Johnson Joe Biden and Kamala Harris followed up their convention week on Friday with an L.A.

Ted Johnson EXCLUSIVE: Fresh off of accepting the Democratic nomination, Joe Biden and Kamala Harris and their spouses are set for a fundraiser on Friday, with hosts including Jeffrey Katzenberg, George Clooney and Byron Allen.The afternoon event will be virtual, but it features an L.A.-centric group of hosts.

Why is Meg Whitman identified as former CEO of Hewlett-Packard rather than as current CEO of Quibi? https://t.co/pMdm9tw3WU— Josh Barro (@jbarro) August 17, 2020The non-shoutout for Quibi comes as the streaming service, spearheaded by Whitman and Jeffrey Katzenberg, has struggled to win over subscribers since launching in April.

Dade Hayes Finance EditorEXCLUSIVE: Quibi’s struggles since launching in April did not stem from a lack of promotion.

Gene Maddaus Senior Media WriterA judge on Tuesday allowed Eko to proceed with its patent infringement lawsuit against Quibi, though she dismissed three of Eko’s nine claims against the streaming startup.U.S. District Judge Christina A.

Quibi is shaking up the shortform Emmy categories this year. The mobile-first video venture of Jeffrey Katzenberg and Meg Whitman scored 10 nominations across the five shortform categories, the most of any platform.

Dade Hayes Finance EditorQuibi, the Jeffrey Katzenberg-led streaming player whose early path has been altered by COVID-19 and other challenges, drew 10 Emmy nominations Tuesday in a rare moment of validation for the startup.The company, whose name is short for “quick bites,” dominated the short form categories, nabbing two of the five nominations for outstanding comedy or drama series, with Most Dangerous Game and Reno 911!It also took home eight of the 10 nominations in the actor and actress

flop no matter how much Jeffrey Katzenberg blames the pandemic for its failure, admittedly had a great day on Tuesday, earning 10 nominations in the short form categories, including Outstanding Short Form Comedy or Drama Series for Most Dangerous Game and Reno 911!, and acting nominations for #FreeRayshawn's Stephan James, Laurence Fishburne, and Jasmine Cephas Jones; Most Dangerous Game's Christoph Waltz; Survive's Corey Hawkins; Dummy's Anna Kendrick; Flipped's Kaitlin Olson; and Reno 911!'s

Todd Spangler NY Digital EditorThe fat wad of cash Quibi has spent on high-end programming paid dividends in one area, at least: Jeffrey Katzenberg’s streamer picked up 10 Primetime Emmy Awards nominations in short form categories.Of course, there’s no guarantee that Emmys nods (or even wins) can move the needle for Quibi, which has had a tough time signing up subscribers since premium mobile entertainment app’s launch earlier this spring — at the front end of the COVID-19 crisis.And note that

would be moving to online-only next year; the virtual event is expected to take place between January 6 and January 9, 2021.The event usually brings in upwards of 150,000 attendees each year, who come from around the world to check out the latest TVs, robots, and major tech news, among other attractions. The most recent CES, for example, stood out because Jeffrey Katzenberg and Meg Whitman gave a first look at Quibi, the new mobile-focused streaming service.

Ted Johnson Joe Biden’s presidential campaign got a big boost in the latest quarter that brought it into closer parity with Donald Trump’s fundraising juggernaut, as the former vice president saw major contributions from a number of industry moguls and media titans.Jeffrey Katzenberg, who hosted an event for Biden last month, gave $617,800 to the Biden Victory Fund, the joint fund-raising committee set up for the campaign, the Democratic National Committee and state parties.

Peter White Television EditorEXCLUSIVE: The last 30 years of reality television is to be the subject of a documentary series for Quibi.

Dade Hayes Finance EditorQuibi, Jeffrey Katzenberg’s beleaguered mobile streaming startup, got 910,000 people to sign up for free 90-day trials upon its April launch, according to new data from research firm Sensor Tower.The bad news, according to the company: Only 72,000 subscribers stuck around and decided to pay $5 a month (or $8 without ads) for the service, out of 4.5 million total downloads of the app.

Todd Spangler NY Digital EditorNot a whole lot of people who sampled Jeffrey Katzenberg’s Quibi premium mobile-streaming app for free are forking over money to pay for it after their gratis trial periods expired, according to new research estimates.

Peter White Television EditorThree months after launch, Jeffrey Katzenberg and Meg Whitman’s short-form service Quibi is entering its first awards season.As the nascent platform, which is still finding its feet with subscribers, kicks off its debut FYC campaign, Deadline has assembled a virtual roundtable of creators and stars to explore how it lured Hollywood A-listers to the second screen, what they really thought of it when they first heard about it, the creative process, the importance of

many of us wondered if Quibi could deliver on its central promise – to refashion the style of streaming into “snackable” bites – or if, teetering under the weight of its massive funding and true who’s who of talent as the world shut down, it would become shorthand for an expensive mistake.The service, the brainchild of the DreamWorks Animation cofounder Jeffrey Katzenberg and the former Hewlett-Packard CEO Meg Whitman – two billionaires deeply entrenched in Hollywood and Silicon Valley

Ted Johnson Joe Biden continues his fundraising blitz on Saturday morning with an event hosted by Jeffrey and Marilyn Katzenberg.This is Quibi founder’s first fundraiser for Biden since he became the presumptive Democratic nominee, and the event is expected to bring in a long list of top Hollywood executives.During the primary, Katzenberg spread his money around during the primary season, co-hosting events for multiple candidates.

It’s now mid-June, just over two months from the launch of the streaming service, Quibi, and all signs are pointing to a launch that was incredibly flawed, to say the least. The service has fallen well short of its modest expectations and is spending insane amounts of cash just to keep its name in the streaming conversation.