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- UPDATED: Quibi, the struggling short-form mobile video startup led by founder Jeffrey Katzenberg and CEO Meg Whitman, is shutting down just six months post-launch after the company failed to find a buyer, according to a new report. [Later Wednesday. Quibi confirmed the plan to wind down operations and seek to sell its assets.]
variety.com › 2020 › digitalQuibi Is Shutting Down After Failing to Find a Buyer - Variety
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Nov 11, 2020 · Quibi Leaders’ $1.7 Billion Failure Is a Story of Self-Sabotage. Jeffrey Katzenberg and Meg Whitman are phenomenally successful businesspeople with precisely the wrong instincts for a...
Oct 22, 2020 · Oct. 22, 2020, 11:45 AM PDT / Updated Oct. 22, 2020, 12:44 PM PDT. By Ahiza García-Hodges. Streaming service Quibi — short for "quick bites" — was touted by its co-founders Jeffrey Katzenberg and...
Oct 21, 2020 · Quibi, the short-form video streaming service from Jeffrey Katzenberg and Meg Whitman, announced Wednesday that it will be shutting down. The abrupt end to the expensive project comes just six...
Oct 22, 2020 · Quibi didn’t actually release an app for Fire TV and Roku set-top boxes until this week… just one day before Katzenberg and Whitman announced they were closing up shop. 3. Quibi failed to...
- OK, WTF Is A Quibi?
- When Did It Come out?
- How Long Will Quibi's Service Stay Available to Watch?
- Does Quibi Have Stock? Who Is Losing Money in This Meltdown?
- How Much Did Quibi Cost? Can I Get Any Money back?
- What Devices Can Stream Quibi?
- What Product Features Does The Service include?
- What Kind of Shows Does Quibi have?
Quibi with a capital "Q" refers to the service, but all-lower-case quibi is the word the company invented for its short-form episodes, which all run about 10 minutes or less. It's a mashup of the words "quick bites," since the videos are supposed to be bite-size morsels of video. But don't pronounce the end of quibi like the beginning of "bites." I...
Quibi launched April 6 in the US and Canada. Some other countries will be able to get Quibi's ad-free US version if it's available in their app store, without giving specifics. So if you live outside the US and Canada, check your Google Play Store and Apple App Store for the Quibi app to see what comes up. Quibi's leaders said that Quibi was design...
Quibi said it expects the service will stop streaming on or around Dec. 1. It previously said subscribers will receive separate notifications about the final date they can watch the service. Quibi had already scheduled new programming to premiere next month: Among other titles, the second season of prank show Punk'd, its most popular title at launc...
Quibi isn't a publicly traded company, so it doesn't have any shareholders outside of the people, groups and companies that privately invested the $1.75 billion it raised. Quibi's investors included all the major Hollywood studios; tech giants like Google and China's Alibaba; financial services companies like JPMorgan Chase and Goldman Sachs; Europ...
Quibi's cheapest tier is $5 a month and includes advertising. Its ad-free tier is $8 a month. Quibi doesn't offer annual subscriptions; when it shuts down, it won't have unused longer-term subscriptions that it needs to refund. It recommended any subscribers with questions should contact help@quibi.com. Quibi offered 90-day free trials for people w...
Originally, Quibi launched with support only for mobile devices like phones or tablets. No TVs. No web viewing. Basically, Quibi was designed initially to be watched in an app only on devices with screens that can easily rotate. Quibi has apps for both Apple's iOS and Google's Android system. An app for iPhone, iPad and iPod Touch is available in A...
Quibi loudly touted its mobile viewing technology called Turnstyle. It lets a program dynamically react when viewers flip between portrait or landscape mode. That means that no matter how you're holding your mobile device, the video will take up the full screen, rather than minimizing to a small section. For most shows on Quibi, that means the prog...
Quibi had more than 50 titles available at launch, and the catalog expanded from there. Every Quibi series will release new episodes every weekday until that series is complete -- and some ongoing daily shows have episodes drop on the weekend too. CEO Whitman has said Quibi isn't rigid about this release strategy. If subscribers demonstrate an appe...
Jun 29, 2020 · Quibi has already indicated a move away from the mobile-only part, as the company is in talks with Amazon Fire and Roku to bring the app to TV. And Quibi could move away from the hard 10-minute ...
Oct 21, 2020 · News. Video Streaming Services. Quibi Is Shutting Down After 6 Disappointing Months. Like its content, Quibi's time in the spotlight was brief. 'Quibi is not succeeding,' Founder Jeffery...
