Hi and welcome to the A16Z podcast. Today's episode is with Jeffrey Katzenberg, current partner of Wonderco, co-founder and former CEO of DreamWorks, SKG, Meg Whitman, CEO of Quibi and former CEO of Hewlett-Packard Enterprise, in discussion with A16Z general partner and co-founder Mark Andreessen. The conversation, which took place at A16Z's annual summit event,

is all about the intersection of software, new media platforms, and what's next for entertainment.

We have two amazing guests with us today, and I think their backgrounds are sufficiently well

known. I won't spend a huge amount of time, but suffice it to say, if you've used the internet

or a personal computer in the last 20 years, you've used products

that Meg has been an integral part of grading and building across eBay, Hewlett-Packard,

and her influence across many other companies.

And then Jeffrey Katsenberg is a Hollywood legend.

If you've seen a movie in the last 30 years, Jeffrey made it.

Well, as I say, if you've seen a movie and enjoyed it, Jeffrey made it.

If you didn't like it, that was other people.

And the two of these folks actually have been long-time friends and have teamed up in a new business,

which we'll spend some time discussing as we get into it.

But I wanted to start with, we were in the green room, and Meg and I were catching up,

and Jeffrey popped in and then had to step out.

And Meg's observation, once Jeffrey left the room was, and I quote, you will not find two people more

dissimilar in the United States of America than Meg Whitman and Jeffrey Katzenberg. And so that

leads me to the question of how did you two meet, how did you develop your relationship? And then

how is it that you are so amazingly different? Well, I'll give you a little history and then Jeffrey

can tell you how we decided to do this together. So we first met at Disney. Jeffrey was the head of the Walt Disney Studios. I was in strategic planning and then head of marketing for the consumer

products business. And we actually got to know each other there. And in strategic planning at

Disney, Jeffrey really didn't like strategic planning. And corporate and its controls and all that

...