Quibi raised $1B with the help of Disney, NBCUni, WarnerMedia, Viacom, etc. I think the big media conglomerates are hedging, but believe that Jeffrey Katzenberg still has the golden touch.
Check out this inside look from Digiday at how Katzenberg plans to spend up to $1B on content in 2025.
https://wp.me/p2AShf-1jTc