Sources: Quibi mulled options like a freemium model and had 450K subs paying $4.99/mo. when it closed, far less than the 7.4M it targeted for its first year
on content, technology, and financial planning. In the end, their intuition was wrong. And the collapse was swift. Fantastic reconstruction by @BenMullin @Lilliannnn https://www.wsj.com/... via @WSJ B...
Meg Whitman and Jeffrey Katzenberg confirm Quibi is shutting down: “Our failure was not for lack of trying; we've considered and exhausted every option”
We started with the idea to create the next generation of storytelling and because of you, we were able to create and deliver …
Sources: Jeffrey Katzenberg tried to sell Quibi's catalog to NBCUniversal and Facebook, but both passed; Katzenberg told others he may shut down the company
Jeffrey Katzenberg may be nearing the end of the road with his mobile video streaming service Quibi.
Sources: Quibi is exploring several strategic options including a possible sale, raising more money, or going public through a merger with a SPAC
Streaming-video service founded by Hollywood mogul Jeffrey Katzenberg has struggled to attract subscribers since launching in April
Jeffrey Katzenberg blames COVID-19 for Quibi's paltry downloads as execs lower projections from 7M users and $250M subscriber revenue estimated for first year
Downloads of the $1.8 billion short-form streaming app, meant for phones, are paltry. “I attribute everything that has gone wrong to coronavirus,” Mr. Katzenberg said.
Quibi app review: works reliably, auto-flips between landscape and portrait, but no tablet-optimized mode, no family member profiles, and lacks a TV experience
Online video streaming service … Henry T. Casey / Tom's Guide : Quibi vs TikTok: Which short-form video app is best? Anthony Ha / Yahoo Finance : Quibi had a launch day outage Shawn Knight / TechSpot ...
Sensor Tower: Quibi had more than 300,000 downloads on its launch day; heavily promoted in Apple's App Store, it reached #3 but just #29 on Google Play
Quibi, the oddly-named mobile streaming service founded by Jeffrey Katzenberg, was downloaded over 300,000 times on launch day …
Jeffery Katzenberg and Meg Whitman's Quibi short-video streaming service launches with $1.8B in funding amid the COVID-19 pandemic
Jeffrey Katzenberg and Meg Whitman had to cancel a starry Hollywood party for their short-video platform because of the virus. But Quibi is still going live.
Q&A with Jeffrey Katzenberg on launching Quibi on April 6 in the middle of a global pandemic, why Quibi only licenses rather than owns the content, and more
Quibi is one of the most anticipated platform launches of the year and it's also one of the most talked about in Hollywood circles.
Sources: Quibi's projections from 2019 show the upcoming streaming service is expected to spend ~$1.5B in its first year; Quibi has raised $1.4B so far
If there's one thing to be said for Quibi, the short-form streaming service coming from Jeffrey Katzenberg and Meg Whitman this spring …