YouSaid · the spoken record

Jeffrey Katzenberg

lines on the record: 104
first: 2020-04-15
most recent: 2020-04-15
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“It wasn't the flu as it was. It wasn't the flu. So if you go back to the end of February, we sat together and we talked about this and sort of talked about the pros and cons of how do you go forward if you go forward, what are the alternatives to that. And I think that ultimately it came down to really sort of two kind of pivotal things around it. The first is that the very foundation of Quibi is based on the premise. It's literally our mission statement. If you, you know, if you look at the first words of our mission. Quibi has been created to entertain and inspire. That's our goal. That is our mission is to entertain and inspire people. And in varying degree, I think we've actually succeeded.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“On our platform, but they're So here's the assessment that Meghan I made now going back about five weeks or so ago. So we were about a month out from launch and it was now revealing itself that this was a tsunami coming at us. It was not just going to be.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“On our platform. But there is a supporter of yours, correct? So when you think about running these businesses when you're doing this, the focus will be on after this lawsuit, no matter what, is how well you do, correct? Like how you put a lot of marketing into it. You put Super Bowl ads and things like that. How is the coronavirus crisis? I mean, it's kind of, has it helped you? It's a terrible thing to say, but you were launching amid a noisy marketplace.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“Literally, nothing. It's going to do nothing to our business because there's no merit to it. And that'll reveal itself. There'll be a process that will go on here. And it's a meritless claim. And as always in these things, we've brought in the best people in the world that are experts in this area. And we're going to let it take its course in the courts, which is where these things have to end up. My own thing is I would say to you that I think it's a desperate move by a company that is likely in a desperate set of circumstances trying to capitalize on a moment in time in which they thought this they could leverage us. And it's just not going to happen.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“No idea. Well, they happen to be exactly the same. Okay. What does it do to your business to have this happen during this time? The other controversy is the press leaking and megs. I don't care. Like every company has those things. What is it going to do to your business?”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“So the fact that these people have come along at the moment in time that they have in the manner in which they have speaks volumes to the circumstances. So all I can say is that, and I want to be very careful here, which is this is something that was created within Qui by its engineers. There has not been in any instant shape or form any insight to their proprietary Stuff that they have. It's never been shared with anybody here. Whatever they have said about various individuals, it will reveal itself that it's just factually the...”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“No, they won't. No, they weren't. Please be very, very careful. And you better than anybody else. No, no, no, I'm serious. Like, you've lived in this world and you have seen this. Pattern happen time and time and time again, which is In this case, we actually have not just an idea that was created by incredible engineers. Great design, great product people, people with They built this idea from scratch. They received patents for this. So this is not just, you can't just sit here and go, wait a minute, we do have a set of regulatory things that manage this in a big open wide world here where there are people that actually protect one another from people stepping on each other's toes and all of this. You can't get granted patents for something without a great deal of work being done on the patent side of this.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“Let's talk about the technology. You're caught in a lawsuit with a group called Echo. Talk a little bit about this lawsuit. It's been written about quite a bit. And also, I'm just looking at the, you know, there's a lawsuit over the use of the technology. I think it's the flipping of the technology. You had executives, tech executives that were at ECHO. Before that, you also have.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“That's not the case because again, Kara, you got to remember here, which is we've given them the upside of their work. So just getting something made on Quibi isn't a win, right? You have to get it made on Quibi and it needs to be really good and success because the real payoff for you is actually on the other side of Quibi. And honestly, I think that is the most valuable thing of the arrangement that we have made with filmmakers is we are so aligned here, which is the bigger and better the thing is that they deliver to us that we've taken all the risks. So there's no downside for them in this. The upside is all theirs. And that's on purpose. So the upside of owning their content 100% accrues to them. By the way, it's why every studio has come in and is both an investor and a supplier to us.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“Pay a 20% margin premium. So you are getting paid for your time and effort. But the real home run is if you make something great, you own it. And two years later, you can go exploit it. And he said, okay, I'm in. And so he went off to make this. He gambled on himself. This thing will premiere today. I can tell you that he has been approached by a streamer. that is offered to buy this for a lot of money. I mean, more money than he's made from directing any of his big blockbuster films. And so that's the...”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“And he had a script of something that he has loved for a number of years. He couldn't get made. It's a contemporary show story. It's set in New Orleans. It has the sort of grittiness of Fruitville Station and it has the dynamic of an old movie many, many years ago called Dog Day Afternoon. It's a hostage situation. And it has a lot to say about the world that we live in today and Black Lives Matters and a whole bunch of things that made it hard for him to get it made as a feature film. And he and I met early, early on. He heard about Quibby. And he's one of literally the first filmmakers I sat down with. And I said to him, here's a chance for you to make it. You're not going to get the big payday up front.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“It was just really funny the discussion Let me give you an example So I'll give you an example. We premiered a show today called Hashtag Free Ray Ray Ray Ray Ray Ray Shan. made by Antoine Foucault. All the equalizer movies. He's one of the true great shooters in our business.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“Clear. I get it, but it was like a billionaire as the other billionaires. So it was just really funny the discussion because he was super like, we were like, you don't own it and this and that. And one of the things he then texted me later, he's like, just a minute. I want to talk about this more. And it was really interesting. And I was like, well, you need to own it. Like you do, but you don't. And anyway, so in any case, it was just a fine give you an example. We were just screwing with him. But one of the things was this idea. So I'll give you.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“And therefore he gets all the money. And I said, you're a cheap date. And this guy makes a lot of money. I get that. But I was like, they send you the plane, to the Emmys. They send you the big flowers. They send you. I said, but you made it and you're not getting most of the economic benefit ABC is or wherever you put your shows. And so we had this discussion with him. And I was like, yeah, you're really getting screwed. And this guy is one of the most successful television producers in history, I think. I suspect one of them.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“Talk about that idea of owning content. I think that's where a lot of the lack of entrepreneurship comes. I'll get to the technology in a minute, but the idea that they don't own stuff, I remember sitting next to the guy that did Third Rock from the Sun, Chuck Lory, right? And I think he was sitting between me and Nikesh Aurora from Google. And he was like, this internet thing, why did this Instagram guy get all this money? And I said, well, he invented it and he owns it.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“Yes, yeah, and they've done it and we've seen it and it's actually beautiful and it's quite valuable and it's different enough that we're very comfortable two years from now that being out in the marketplace. So the combination of a new creative challenge, a set of tools to make it beautiful, and a business arrangement that actually was compelling, if not.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“People are actually allowed to own their IP. They own their creation. We just license it from them. We've protected Quibi in terms of the short form version of it. So we've put a moat around it so that we're not going to face our own content to compete with ourselves, at least not for...”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“It got their interest. They were excited. They thought, okay, well, we've never done that before, and we'd like to try that. The second thing is we gave them a technology that allowed them to make something on this device that was beautiful, which was actually not possible before. And so there was a lot of resistance to just taking things that were shot to be either on a TV set or onto a movie screen and just shrinking it down and putting it on the phone. We gave them a new set of tools and a process, a way to go shoot their content that no one's ever done it this way before to actually make it native, unique to the phone and make it beautiful on the phone. So they were interested in the challenge of that. And then the third is that we gave them incredible economic incentive in that for the first time in literally many, many, many, many decades in Hollywood.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“and then need to take it to market and some work and some don't in it. And so people hear the storytellers, the creators, are actually incredibly entrepreneurial. And so when you come along with a new idea, let's tell movies and chapters.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“Three things, Kara, are the essence of why people, everybody has showed up to work here. First is, and I know you don't think of it this way, Northern California doesn't actually think of Hollywood as entrepreneurial. But actually every storyteller is an entrepreneur. And here's why. Then when they start out, it's a blank page or it's a blank screen. And they have an original idea. And they have to create a blueprint for that original idea. They then have to get a bunch of people together to believe enough in it to raise the money to actually get a shot at making that idea. Then if they do get it, then they got to put a team together to actually go make the product.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“something that is tried true and tested you know so many things that are in our day in our world what we're doing right now here today Kara is not possible without somebody having tried something new and different and unique so yes the knives come out yes there was skepticism there and I'm sure there'll continue to be skepticism there But we believe in what we're doing. And fortunately, there are enough people that have come along for the ride. The creative community here”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“Trying to think of something here's the thing for me, which is honestly a recurring theme for me, you know, for Much of my career. When you go do something that really unique and different It by definition is going to be risky. And when you do something that's risky, it means at least there's a possibility for failure. And so rightly, there's going to be skepticism because there's no path, there's nothing about Quibbi that you can look in the past and say, oh, well, that worked. Oh, somebody did that before. And it's, as Meg likes to say, we're breaking new snow. We're out on a path pioneering and doing something. And so I understand the skepticism. I pay attention to it and listen to it, but filter it because If you only use the path of”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“So, why all the flack from your perspective? And we'll talk about this lawsuit that had happened too. And, you know, there was a thing around the press that was, you know, you guys attract a lot of attention. There was a lot of like doubt. I heard dead on arrival more times than any other thing. I'm trying to think of something.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“And I didn't have the other half of the equation. The half of the equation of the content side of it, I got that. But building a platform and building a user experience and a UI and a UX and data gathering and all of these things that are truly essential to this succeeding, I needed somebody who could be my partner in this. And so the day she stepped down from HP, literally I saw her come across the wire, came up on my thing. Within five minutes, I called her and literally flew to Northern California, had dinner with her that night. And so we've been together on this journey now for two years. And she has just done an amazing, amazing job. When we get in and start talking about the platform itself and the UI that you're enjoying and just building the company as the CEO and the culture of the place, she's just a rock star.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“Yeah. And, you know, she went on to have just this incredible 10-year run at eBay and had a moment there. I'm not exactly sure what she was thinking when she ran for governor in the state of California as a Republican. But as a Republican. And then she, you know, when she came to HP, actually DreamWorks. And by the way, when she was on the DreamWorks Animation board, she was a board member of DreamWorks as a public company for a number of years. So we actually have quite a long history together. And I recognized at the start of this that I had half the equation.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“So first, let me start here and just say, you know, Meg Whitman and I have known each other for over 35 years. We're at the Disney company. We overlap for a few years together back in the Jurassic times.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“Here with Jeffrey Katzenberg, he's the founder of Quibbi, obviously, is a well known media executive for years. So when you were thinking of launching, when you were about to launch this, spending a lot of money and obviously you hired Meg Whitman, which also I was like, Meg Whitman? All right, okay, because hadn't been in the media business as you have for many years. You guys got a lot of flack before going in here. Let's talk about that. Why do you think that was? Because it really was. I've been reading all of it. It was quite, yeah.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“OTT battle royale that is going on out there in it. I actually don't even think it's relevant. I think we are, as you said, we're in a different vertical from them.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“I think we accelerate the growth. I don't think we're, I don't think Qribby is about taking market share together. If you just look at what is growing the most over the last three years, it's mobile video viewing. And by the way, in the month of March, which is going to come back to the COVID-19 conversation, it's up almost 60%. So at the very moment in time, we all went into lockdown and you would think, oh, well, we'll just watch television more because now we're at home. Well, maybe we are watching more TV, but I could tell you, we're watching a lot more video on our phone. Year over year than we are television year over year. So once again, I just think when you ask how do we fare in the”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“All right, so look at something like TikTok. Let's use that as an example. It is an entertainment in a short form entertainment, essentially. How do you then, your premise is you're going to compete via having...”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“And my answer is, well, that's actually been proven by YouTube, Facebook, Instagram, Snapchat, TikTok. Like they've already proven there is in fact a third vertical and in fact it's growing faster than any of the others.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“actually say, okay, well, with all of these new subscription services going on, how many people are going to actually drop their music service? You just like, I haven't heard anybody in any fashion, shape, or form saying with all the money that's being spent on all the streaming services today for television and movies. Someone saying, well, with the success of them, it's going to take away from yourself a different person.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“There you go. There's a streaming war that is going on, and there is a battle royale that is, you know, we're still in honestly maybe the third inning of, second inning of a nine-inning game in which you are seeing these giant companies spending literally billions and billions, tens of billions of dollars, they're all competing for the same thing. They're competing for traditional television, one-hour TV shows that are viewed on a television set or some version of a TV set, which today may be your laptop or your desktop. But if you take all of those services of HBO, Netflix, Disney Plus, Amazon, name them all, you add them all up less than 10% of the viewing of all of these services actually is viewed on a telephone. And I have not heard a solitary”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“A lot of money, but they have much more. They have a lot more. I forget Netflix is $15 billion, something like that that they've been spending on. Disney's been spending tons of money. How did you, people were worried they were calling the service dead on arrival when you started? And we'll get into coronavirus in the next section, but what was your biggest worry going into this?”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“All right, so when you were getting into it, some of the worries you would read them all about Quibby were that there's too many of these. Disney launched its streaming service, obviously Netflix has one. Hulu, YouTube has premium in red and stuff. When you were going in, you had raised, what was the total? I wrote it down.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“But someone came along with a premium version and it worked. And I believe the exact same thing is going to happen here. There will be some segment of the 2 billion our market, you know, if you look at our global market, the addressable market for us is 2 billion people. If we literally get a small single digit of that, we will be a wildly successful business at $4.99 a month.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“Didn't put it down. It just said, We're going to deliver something to you that is unique and different. So, what do they do? They eliminated commercials. They changed the form and format so they were not beholden to 30 minutes and 60 minutes and 13 episodes and 26 episodes. So they actually changed the type of narrative and storytelling or freed it up, I should say. They had no restrictions for standards and practices. So you could have sopranos and the wire and sex in the city shows that actually couldn't even get on broadcast television. And finally they spent money that you couldn't compete with if you were an ad supported platform, a broadcaster. So they order 10 episodes, a band of brothers, over 20 years ago for 125 million dollars, right? And, you know, suddenly at $35 million subscribers. Television was never bigger, never better.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“I look at music. If you look at music, it's like a perfect example of this is if you look at music eight or nine years ago, absolutely all music was available and accessible, 35 million titles. You could download any title you want to just punch it in and it was instantly available to you. Here we are today. There are 300 million people paying $10 a month for the same music, right? To Apple and to Spotify. Why? Because they made it convenient. They organized it for us. They gave us playlists. They gave us recommendations. And so the convenience is actually worth $10 a month for us. Another example At the height of broadcast TV, which was the late 80s, early 90s, multiple TV shows had audiences of 40 million people a week, Seinfeld, friends, ER, Home Improvement. HBO comes along and says, we're not TV, we're HBO.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“Right. Okay. Well, then you can go to Nike and get a pair of sneakers for $125 or get Air Jordans for $250. Or as your son will could lecture both of us on here, we could go to Supreme here in Los Angeles and get a pair for $650, or we could go to Gucci and get a pair for $1,300 in it.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“I'm thinking of Chrissy Peegan show or. So that's the core to you. But are you like, okay, here's the, this is the existential thing, which is will people pay for something that is of a higher caliber and a higher quality? I'm not saying a higher caliber better because I love the TikTok and YouTube and Snapchat. I think these people have done brilliant work. It's different. My experience and just in terms of just my observation in life has been that if you actually give people something that is a better quality, more convenient premium, if not luxury, there's always a subset of people that are interested in that. And so I give you a couple of examples of things. One, I'll go far afield and just say sneakers. Sneakers. I know”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“All right, so this idea is this that you can do these things, your level of quality is quite high, actually, in a lot of these. And some of them are schlocky in a good way, and that's Chrissy Peegan show or The Million, Thanks a Million, it reminds me of a lot of old TV, but in a short form. So the concept we had talked about, my issue when we were talking about it is the cost and the ability to make money from it. And the other Jeffrey Jeffrey Zucker talked about digital dimes, you know, digital dimes and analog dollars and this idea talk to me about the economic worries of creating this stuff because it looks beautiful. Everything looks even the courtroom thing looks like it's supposed to look like it looks that schlocky courtroom look.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“and enjoyed it immensely. It's one of the best-selling novels of all time in it. And so I guess traditional people would maybe have issue with it. And just like I'm sure traditional critics will have problems with quibby. I fully expect it. It's like, you know, that's the way the world turns.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, listen, there are a lot of critics that we are in a world today where there's a lot of critics for everything and anything. And I don't actually feel like that mist of good or bad. 100 million people read the DaVinci Code.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“He was the one that really, I think more than anything, crystallized it for me. We talked about how I was impacted by Dan Brown and the Da Vinci Code, you know, which is he changed the structure of storytelling, not stories, just the way in which he did it. And 464 pages, 105 chapters, average chapter less than five pages, which is so different from how most novels are written. Most novels are 20 to 40 pages long. Although there's a lot of”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“Brian, I had known a little bit from his movie and TV career. He was actually quite successful, made a couple of blockbuster hits for Nickelodeon, directed an Eddie Murphy movie. And Brian, it started awesome as TV, which was for 12 to 21-year-old girls and had started to really get some growth in that business when I met him. Robert Kinzel introduced me to him. And I was so impressed by what he was doing, which by the way was storytelling.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“One of the things I'm thinking of many years ago, you may not remember this, but I do. I think it was Ed Zwick and others. They did something called quarter life. There was all these attempts to do these sort of episodic shows that were short. I think those were 15 minutes each. or something like that. So, what did you look at that had worked previously or may not have worked, but you thought was a good idea.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“Way for Netflix, you know, I've had these conversations with both Ted and with Reed. And they are so focused on their goal, which is to get to several hundred million subscribers to what they have now and expertise and an excellence at.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, well, but just across the board, they actually have been a very important partner. Some of our ad products, I mean, they've done everything they could to support this. And I think there's a recognition here that this is actually different from what they do. And that kind of was my point. I'm not saying it's better or worse. It's just telling a two-hour movie in chapters. and making this kind of content from this kind of town is just not in the fundamental DNA of what YouTube is. And hard to fault it. They've got 2 billion customers watching a billion hours of content every day growing at just an extraordinary, extraordinary pace. You know, we probably would be a distraction for this.”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“Well, interestingly, they're one of our biggest supporters. They've been from day one. There isn't a company that has actually done more to help Quibby get off the ground. Google and literally whether it's the tech stack, whether it's our cloud, whether”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT
“you know obviously hulu and others tried to do the more typical television it was just essentially television or movies online um netflix obviously had not gotten as big as it was but at the time i always when you were talking about this idea of short form and spending a lot of money on it i was sort of interested in the idea of why youtube had never done that because they seemed to be in the best position because that's where my kids watch these shorter form things”
2020-04-15 · Decoder with Nilay Patel · Recode Decode: Jeffrey Katzenberg · IDENTIFIED FROM THE TRANSCRIPT