Todd Spangler NY Digital Editor Jeffrey Katzenberg took a massive swing at the streaming biz with Quibi — and despite the startup’s shutdown just six months after it launched, he says he’s still proud of the effort. Katzenberg, an investor, Hollywood producer and former top studio chief, founded Quibi with former eBay and Hewlett Packard Enterprise CEO Meg Whitman. The streaming service had positioned itself as the HBO of short-form mobile video and had raised $1.75 billion before it closed its doors in late 2020 after failing to attract subscribers. Katzenberg reflected on Quibi in an interview with LinkedIn CEO Ryan Roslansky on the latest episode of the business-focused social network’s “The Path” series. “I’m humbled by the failure,” Katzenberg said. “But I’m proud that what we tried was a moonshot.”
