News-Current Events

Jeffrey Katzenberg Announces Shortform Subscription Service’s Name, Confirms Deals With Guillermo Del Toro, Antoine Fuqua, Jason Blum

Jeffrey Katzenberg’s massively funded (to the tune of $1 billion) shortform startup finally has a name: Quibi, an amalgamation of the words ‘quick’ and ‘bite.’ And along with its new name come new announcements, namely that lauded producer Guillermo del Toro (The Shape of Water), director Antoine Fuqua (The Equalizer), and producer Jason Blum (Get Out) have all signed deals to create new projects on the platform.

Called by the project name ‘NewTV’ for the past two years of development, Quibi has raised $1 billion in funding, bringing in financial support from the likes of Disney, Viacom, 21st Century Fox, Lionsgate, MGM, and Sony.

Katzenberg and Meg Whitman, the company’s CEO, have said Quibi is not intended to compete with Netflix or similar subscription services. Instead, it will offer 15-minute “chapters on the go” — episodic programming across a range of genres (including reality TV and news content), all meant to be consumed via smartphone.

Subscribe to get the latest creator news

Subscribe

Now Katzenberg, speaking at the Vanity Fair New Establishment Summit, has given folks an idea of what that programming will consist. Del Toro’s project is a zombie tale, Fuqua’s is “a modern version of Dog Day Afternoon,” and Blum’s, called Wolves and Villagers, is Fatal Attraction-esque, he said, per The Hollywood Reporter.

Those projects join previously announced series 50 States of Fear, from longtime horror maverick Sam Raimi.

Whitman also gave more details about the inner workings of Quibi, saying Katzenberg is in charge of content while she’s focused on strategy. She said she’s the company’s “dose of practicality,” and that she’s putting her effort into building up subscriptions.

Late last month, Whitman told Deadline that the subscription model will likely be similar to Hulu’s, where the lower tier will still roll ads to subscribers, while a higher-paying tier may offer no ads. There are still no details on how much the service will cost, but Whitman added that she wants it to be “affordable for a diverse group of viewers.”

Share
Published by
James Hale

Recent Posts

YouTube wants you to pump its TV watch time with microdramas

At its 2026 Made on YouTube event, Google's video platform revealed that microdrama content has…

10 hours ago

Moonbug is in its era of “Big Feelings” as it launches “fully integrated music company”

Over a career spanning more than 30 years, Snoop Dogg has collaborated with an eclectic range of…

11 hours ago

Sam and Colby are bringing their annual Halloween spectacle to Netflix

Netflix's latest creator deal could very well send a shiver of dread down YouTube's spine. Sam Goldbach and Colby…

11 hours ago

Meta bets on $1,300 VR glasses that can play YouTube, ESPN, Peacock, and much more

Meta is continuing its wearables renaissance by unveiling virtual-reality glasses stuffed with a plethora of entertainment…

13 hours ago

“YouTube is the greatest casting call of all time”: Paul Telner on why Hollywood’s creator IP gold rush is years in the making

Following the box office success of creator-made films like Iron Lung, Backrooms, and Obsession, Hollywood…

1 day ago

The Kings League wants to be Brazil’s next creator sensation. A Twitch vet will put the ball in play.

If you run an international soccer competition, you probably want to be active in Brazil. The creator-led Kings…

2 days ago