Everything Jeffrey Katzenberg said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Katzenberg: 95% of the longevity industry is snake oil
“95% of what's going on around it today is snake oil sales. You know, driven by, you know people trying to sell supplements and, you know, new treatments and process that are really not driven by actual science.”
Katzenberg: Hollywood publicly humiliates failure while Silicon Valley embraces it
“In Southern California, you know, so let me just start with the following... Failure comes with huge public humiliation... In Silicon Valley, you know, you fail, you get onto the next thing. Like failure makes you smarter, makes you stronger.”
Katzenberg: Quibi returned $600M of its initial $1B to investors
“We returned six hundred million dollars out of the initial billion dollars to our investors, and I don't think I would have gotten there without him.”
Katzenberg: Silicon Valley layoffs will fuel the next generation of startups
“Harry, I'm going to say to you, not only do I feel it's not dead, I'm going to take a contrary point of view that what in fact is going on in the Valley today is going to create a whole new crop, a whole new generation, because all the downsizing that's going …”
Katzenberg: Delaying firing bad hires for months kills companies
“Because if they're not going to work out inside of your enterprise, your company, whatever it is that you're building, the faster you get to that, the better. That's one of the lessons I learned along the way, which is, I had seen, ok, well let's give them thr…”
Katzenberg: Hyperscalers are investing $700B in capex over 24 months
“You know, there's seven hundred billion dollars of capital investment being made in 24 months.”
Katzenberg: Bringing Steve Jobs and Pixar to Disney was transformative
“For me, probably the most transformative moment is when you know, I reached out to Steve Jobs and John Lasseter and brought them into the Walt Disney Company and made a home for Pixar.”
Katzenberg: DreamWorks' survival depended on pivoting to computer animation
“And for me, having lived through the disruption of hand-drawn animation to computer animation I would say was, you know, probably one of the greatest challenges, and our survival literally depended on our ability to make a pivot. It was brutal. We lost a lot o…”
Katzenberg: Quibi was his first time losing investor money in 40 years
“In my entire career, I have never lost money for somebody who invested or backed me in what I was doing ever before this, which for someone who spent 40 years in media and entertainment, that's a unicorn.”
Katzenberg realized a COO hire was a mistake within two days
“I've had things where I hired a COO of my company, and the day after he arrived, right, two days after he arrived, I went, oh my god, this is not going to work. I, and right, and like, I mean, literally, it was a big headline news in the business, and you know…”
Katzenberg: DreamWorks would have gone bankrupt without computer animation pivot
“Having lived through the disruption of hand-drawn animation to computer animation, I would say was Probably one of the greatest challenges, and our survival literally depended on our ability to make a pivot. It was brutal. We lost a lot of very talented people…”
Katzenberg: Never lost investor money in 40-year career prior to Quibi
“In my entire career, I have never lost money for somebody who invested or backed me in what I was doing, ever.”
Katzenberg: Companies will return to in-person work for key roles
“The value of people being together in certain types of functions inside of companies, I think is invaluable. And I think it's been underestimated, and I think you'll see a return to it. It may not happen overnight, but it'll get there.”
Katzenberg: 25-to-35-year-olds watch 70 minutes of short-form video daily
“Today, as Meg said, if you're 25 to 35 years old, which is our core audience of who we're targeting on this. You're watching 70 minutes of short form content today, and it's going up like this. It's up 30 minutes year over year.”
Katzenberg: Average scripted television costs $100,000 per minute to produce
“Well, an average scripted hour of television today, whether it's on cable, broadcast, or streaming videos, is a 100,000 dollars a minute.”
Katzenberg offered Steve Jobs $50M to buy Pixar, but Jobs refused
“Then I went and tried to buy the company from Steve Jobs for fifty million dollars, which is at a point in time when he was struggling with Next and actually was kind of financially stretched. He wouldn't sell it. And then made that three picture deal that tur…”
Katzenberg predicts WndrCo will generate $400M in free cash flow next year
“The holding company next year will probably be four hundred million dollars of free cash flow. Extremely profitable and Growing really, really nicely, which is kind of an amazing thing.”
Katzenberg: Animated movies are only as good as their villains
“He said, my movies are only as good as their villains. So I would say to you, Ursula, Gaston, Scar, Farquaad, Tai Lung, like I can go on and just name virtually every movie I've ever made since then, animated movie. You don't have a great, you know, antagonist…”
Katzenberg: Quibi returned $600M of its initial $1B to investors
“We returned six hundred million dollars out of the initial billion dollars to our investors”
Katzenberg: Venture market will take longer to right-size due to delayed choices
“Just that it's going to take longer for it to right size itself or the economic environment that we're in. People will hold on longer than they should and not make the hard choices that they need to make to succeed.”
Katzenberg: Quibi will break two-hour movies into under-10-minute chapters
“What we're setting out to do, telling things that you would think of are movies, two to three hours in length, a tried, true, tested form of narrative, and then we are delivering them in these act breaks, which are under 10 minutes.”
Katzenberg: Harvey founder Winston Weinberg sought WndrCo's help for storytelling
“Literally in the very first meeting, when we talked with him, he said, I need help with my storytelling. Like I know my product crushes. I I'm like, there's no ends, ifs or buts about that. How do I get that out there into the world?”
Katzenberg schedules three breakfasts and two lunches every single day
“So some of it comes from my three breakfasts and two lunches and dinners.”
Katzenberg: Bringing Pixar to Disney was his most transformative career moment
“For me, probably the most transformative moment is when I reached out to Steve Jobs and John Lasseter and brought them into the Walt Disney Company and made a home for Pixar.”