2020-03-26 The Hollywood Reporter

(WallPaper) #1

THE HOLLYWOOD REPORTER 51 MARCH 26, 2020


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.

he sold DreamWorks Animation to
NBCUniversal for $3.8 billion in 2016,
he finally found his opportunity. A year
later, Whitman had just announced she
was stepping down as CEO of Hewlett-
Packard when she got a call from her
old friend. “He said, ‘What are you
doing?’ ” Whitman says, recalling that
she answered by listing all the things
she would do with her newfound free
time. “And he goes, ‘No, what are you
doing tonight for dinner?’ ”
So Katzenberg flew to Silicon
Valley and, during a three-hour meal,
persuaded the veteran tech execu-
tive and 2010 Republican nominee for
California governor to move to Los
Angeles to help him construct what
eventually would become Quibi. “I’ve
built things, and I’ve fixed really big
companies. In the end, it’s a bit more
fun to build,” she says.
With more than 80 years of work
experience between them, Katzenberg,
69, and Whitman, 63, have grown fond
of calling themselves “the old dogs”
leading Quibi, which has an average
employee age of 30. But these old dogs

talent that would woo subscribers. For
creators, there were questions about
what exactly Quibi would amount
to. But the money was good — Quibi
is spending more than $100,000
a minute on some of its top-shelf
shows — and it was offering unusual
licensing deals where, after two years,
studios could repackage the 10-minute
episodes into movies and take them
to market; and, after seven years,
they would regain the full rights to
the project.
Plus, Katzenberg was happily buy-
ing projects that had been gathering
dust for years. That was the case
with the Fuqua-produced drama
#FreeRayshawn, which the filmmaker
had been trying to get made into a
movie. “The script we had wasn’t
written for shortform,” says Fuqua,
“so I had to go back and rewrite it with
the writer and work with the direc-
tor. It had a strong impact on how you
approach the story. But it’s worth the
risk and challenge that comes with
it.” Nick Santora, writer and executive
producer on two Quibi shows —
Most Dangerous Game and the Kiefer
Sutherland thriller The Fugitive — was
impressed by how quickly Quibi moved
to make his shows. “Jeffrey Katzenberg
is not a guy to sit on his hands,” he
says. “If he wants it done, he’s going to
support you so it can get done.”
Katzenberg himself is often cited
as Quibi’s biggest draw. “Jeffrey’s
relationships with everybody in town
allowed him to get a lot of traction very
quickly,” says David Freeman, co-head
of CAA’s digital media group. “That
was crucial because it took a little bit
of time to get everybody to understand
what Quibi was.”
By all accounts, the mogul has
approached Quibi’s startup period
with the same zeal as he has his whole
career, from his days as Barry Diller’s
assistant at Paramount to his turn-
around of Disney’s box office during
the ’80s. But his hard-driving manage-
ment style (he’s known to call Quibi
senior management meetings on
Sundays) has ruffled some feathers,
and several high-profile executives
already have left, including former
DC Entertainment president Diane
Nelson, onetime Hulu dealmaker Tim
Connolly and Janice Min, former edito-
rial director of THR.
“I have a bottomless well of the need
to win and a thirst for it,” Katzenberg
concedes, “but everybody here knows
that. They came here knowing that.”

Quibi’s Content Universe
A 50-show slate will launch April 6 on the mobile-only streaming service,
now on track to release 175 original shows (or 8,500 pieces of bite-sized content) in its first year

are the only two people who could
have made an idea as ambitious as
Quibi happen.
Early on, Katzenberg said he would
need $2 billion in backing to make
Quibi a reality. He and Whitman didn’t
quite get there — they’ve raised a
total of $1.75 billion across two fund-
ing rounds from backers including
Madrone Capital and Alibaba — but
they did something arguably more
impressive. They lined up small invest-
ments from every major studio in
Hollywood — Disney and Warner Bros.
among them — and got them all to
agree to produce programming for the
service. The shortform video industry,
still largely derided as low-quality and
home-produced YouTube videos, had
never seen that level of investment
from the entertainment industry.
“That was the hardest thing we did,”
Katzenberg says. “It wasn’t about the
money. The essential thing in having
them as our partners was the access to
their showrunning talent and their IP.”
With the studios’ buy-in, Katzenberg
focused on assembling a roster of

Toth

Pell

Movies in
Chapters

Quibi will launch
with four of these
scripted stories
told in daily 7- to 10-
minute installments,
including:

Unscripted
& Docs

There are 19 of these
weekly, 10-minutes-
per-episode talk shows,
variety series and
narrative stories planned
for launch, including:

Daily
Essentials

More than two
dozen regularly updating
news and entertainment
briefings will be offered
in five- to six-minute
bites at launch, including:

Most
Dangerous Game:
The Nick
Santora- penned
action-thriller stars
Liam Hemsworth.

Survive:
Sophie Turner
leads this
novel adaptation
from director
Mark Pellington.

Flipped:
Will Forte and
Kaitlin Olson are
down-on-their-luck
home renovators
in this HGTV spoof.

Thanks a Million:
Celebrities give
back to those who
helped them in
this Jennifer Lopez-
produced series.

Chrissy’s Court:
Model-cookbook
author Chrissy
Teigen dons a robe
and presides over
small-claims cases.

Elba vs. Block:
Idris Elba goes
head-to-head
with race car
driver Ken Block
on increasingly
outrageous stunts.

Last Night’s
Late Night:
Entertainment
Weekly breaks
down the best
moments from
late-night TV.

The Daily Chill:
Meditation
and ASMR
combine with
peaceful visuals.

Morning Report/
Evening Report:
NBC News offers a
twice-daily update
on the stories
that matter most.

Content Release Plan Shows

Continued on page 72

From left: Elba vs. Block, 50 States of Fright, Dodge and Miles, Thanks a Million, Survive, Chrissy’s Court, Flipped

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