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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]
Oct 23, 2020 · 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 22, 2020 · Quibi itself put the number at 3.5 million downloads, with 1.3 million active users. Those numbers didn't reflect paying customers who chose to use the service once the free trial had ended.
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 ...
Oct 21, 2020 · Quibi Streaming Service Is Shutting Down About 6 Months After Launch It was an abrupt ending — just six months after launch — for a company founded by big names in the entertainment and ...
Oct 23, 2020 · The rise and fall of Quibi, from raising $1.75 billion before launch to shutting down just 6 months later. Quibi just announced it was shutting down only six months after launching. The service's ...
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