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Jeffrey Katzenberg’s new plan to take on Netflix

Disney, Alibaba, and Comcast are investing in a mobile streaming service temporarily called NewTv. Meg Whitman, ex-Hewlett Packard Enterprise CEO and Jeffrey Katzenberg, ex-Walt Disney Studios chairman, are leading the newest TV venture. Yahoo Finance’s Alexis Christoforous, Dan Roberts and Editor-in-chief Andy Serwer break down the details.