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Oct 22, 2020 · The shortform video streaming service shut down after less than a year of existence, despite raising nearly $2 billion and hiring Hollywood talent. The Verge analyzes the factors that led to Quibi's demise, from terrible shows to bad marketing to internal conflicts.
Quibi ( / ˈkwɪbi / KWIB-ee) was an American short-form streaming platform that generated content for viewing on mobile devices. It was founded in Los Angeles in August 2018 as NewTV by Jeffrey Katzenberg and was led by Meg Whitman as CEO. The service raised $1.75 billion from investors. [1]
- August 2018
- April 6, 2020
- Los Angeles, California, U.S.
- Meg Whitman (CEO)
Quibi was a new service that offered short-form video episodes starring celebrities and filmmakers. It launched in April 2020, but shut down in October 2020 due to low subscriptions and competition.
Oct 21, 2020 · Quibi, the mobile-first streaming service to specialize in original shows with short five to 10-minute-long episodes, is shutting down its business operations and...
- Eric Deggans
Oct 22, 2020 · Streaming service Quibi — short for "quick bites" — was touted by its co-founders Jeffrey Katzenberg and Meg Whitman as a platform that would radically transform the way people,...
Dec 5, 2020 · Quibi pulled the plug on its video-streaming service this week, capping an extraordinary year for the company. At the start of 2020, it was seen by some as the future of "snackable" smartphone ...
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Oct 23, 2020 · Quibi just announced it was shutting down only six months after launching. The service's goal was to draw subscribers in to watch short-length mobile content on their phones.
