Major media and tech firms invest $1bn in mobile streaming service

Major media and tech firms invest $1bn in mobile streaming service

Disney, Sony Pictures Entertainment, and Alibaba are amongst a group of investors pumping $1bn into a mobile-focused streaming service led by former Hewlett Packard Enterprise CEO Meg Whitman and ex-Walt Disney Studios chairman Jeffrey Katzenberg. WndrCo, a holding company co-founded by Katzenberg, announced that it had secured the seed-funding round for what is currently being […]