Roku has yet to tell viewers whether they'll need to turn their TVs sideways.
Image: John Legere John Legere, former T-Mobile CEO and aspiring Batman, has reacted to the mob that attacked the Capitol like many other political and business leaders by calling for President Donald Trump to step down. But he’s also going a step further by considering a run for political office himself. Legere left his post as CEO and member of T-Mobile’s board after successfully negotiating the merger between the company and Sprint, so he very well could be looking far and wide for his next gig. Legere’s time as T-Mobile’s CEO turned the company into the “Un-Carrier,” a plan that came with an end to contracts, revamped mobile plans, and a variety of freebies and perks for customers designed to set T-Mobile apart from its longtime rivals AT&T and... Continue reading…
Martin Schroeter gets keys to New Co due to launch at end of 2021 IBM has tapped up its former chief beancounter Martin Schroeter to run the breakaway IT infrastructure services division scheduled to launch at the end of next year.…
These days, major tech companies like Amazon, Airbnb, Stripe, and Apple are all home to former DC power players.
Illustration by Grayson Blackmon / The Verge Failed mobile-first streaming service Quibi is in advanced discussions to sell the rights to its content library to Roku, according to The Wall Street Journal. The report doesn’t indicate a potential price for the acquisition, and notes that the two parties may not reach a deal. If it were to happen, the deal could give the Roku Channel exclusive access to Quibi’s slate of programming. None of Quibi’s shows ever really took off, but Roku may feel that the content would stand a better chance when available on the best-selling streaming devices in the US. Quibi announced it was shutting down back in October, just six months after its much-hyped launch. The service was headed by former HP CEO Meg Whitman and former Disney chairman and... Continue reading…
Illustration by Alex Castro / The Verge Remember Quibi, short-lived media company and purveyor of bizarre shows like Murder House Flip and a horror anthology featuring a golden arm? It’s only been a little over a week since the mobile-first, shortform streamer announced it was shuttering, but already the first of its unreleased shows has found a new home: Lil Yachty’s dramedy, Public Figures, is headed to HBO Max. It seems pieces of Quibi might live on — whether you watched it or not. Jeffrey Katzenberg and Meg Whitman’s efforts to sell Quibi outright to big companies like Apple and WarnerMedia was one of the first indications that things were about to go bottoms up at the young company. The attempts that followed to sell off Quibi’s unreleased content all but confirmed the... Continue reading…
Jeffrey Katzenberg and Meg Whitman led the company, which missed warning signs and took costly missteps in the leadup to and after its debut.
Quibi just announced it was shutting down only six months after launching, raised $1.75 billion, but failed to attract subscribers.
The countdown to Quibi's final days has begun.
Quibi's failure ultimately comes back to a slate of content that did not break through with its target audience of 25- to 35-year-olds.
"People on Quibi have $100,000 a minute to make content," Quibi founder Jeffrey Katzenberg said 3 months before announcing it was shutting down.
Quibi is a mobile-first streaming service for short-form video packed with stars. It lasted less than seven months before giving up. What is it and what went wrong?
Illustration by Alex Castro / The Verge Quibi will shut down for good “on or around December 1st,” according to a new blog posted on the company’s support site. The announcement comes one day after company executives declared Quibi was shutting down for good. It’s unclear where Quibi’s content will be available after the app shuts down. The company does recommend, however, following the Quibi hashtag on Twitter for any news about its library catalog. Earlier today, co-founder Jeffrey Katzenberg told CNBC the company is currently trying to find buyers for its shows. It’s unclear how many of those shows Quibi owns the rights to, or for how long, but Katzenberg said he believes there are interested parties. Quibi’s executives are currently in the process of trying to wind down... Continue reading…
On Wednesday evening, Quibi's app recommended users watch Last Looks, a short Dakota Fanning-led documentary about fashion-adjacent crimes. Last Looks had another, even more ominous meaning: It will be one of the last shows to premiere on the streaming service. A little more than six months after premiering to fanfare on April 6, Quibi's founders,...
Welcome to First Things First, Adweek's daily resource for marketers. We'll be publishing the content to First Things First on each morning (like this post), but if you prefer that it come straight to your inbox, you can sign up for the email here. Quibi Is Shutting Down After Just 6 Months The length...
$2bn Alt-Netflix for those with short attention spans closes after short lifespan Video-streaming upstart Quibi, which tried to differentiate itself from the likes of Netflix by offering episodes that only that ran for ten minutes max, will close its doors.…
Quibi is shutting down after 7 months of operation. The $2 billion streaming service that presumed someone, somewhere, wanted to watch short shows in portrait mode is flaming out. It’s official: Jeffrey Katzenberg is calling investors to tell them he’s shutting the company down, sources tell @JBFlint and I: — Ben Mullin (@BenMullin) October 21, 2020 The news was originally reported by the Wall Street Journal and was later confirmed in a company blog post. To refresh your memory if you never bothered to try the app, Quibi is — was — a service that allowed you to watch… This story continues at The Next Web
"Quibi is not succeeding," founder Jeffrey Katzenberg and CEO Meg Whitman said in a public letter on Wednesday.
The mobile-video service launched only six months ago but has failed to attract viewers, and none of its shows have become major hits.
Quibi is a mobile-first streaming service for short-form video packed with stars. Less than seven months after launch, it's said to be shutting down. What is it and what went wrong?