Jeff Katzenberg and Meg Whitman close $1 billion funding round for NewTV

Meg Whitman, NewTV CEO and former Hewlett-Packard CEO, and Jeffrey Katzenberg, NewTV founder and Dreamworks Animation co-founder, discuss their vision for a mobile streaming platform featuring short-form content, that has drawn investors from Disney, Fox, NBCUniversal, MGM, Viacom, Lionsgate, TimeWarner, J.P. Morgan Chase, Alibaba, Goldman Sachs and more.