Quibi

A leading media company could be testing out a strategy to appeal to a younger generation of content consumers and it involves one of the biggest movie franchises of all time. What Happened: The Star Wars franchise continues to evolve with more movies and television shows coming to theaters and on...

Roku Inc (NASDAQ: ROKU) confirmed Friday a deal to acquire the exclusive global distribution rights to Quibi's suite of content for use on its ad-supported The Roku Channel. What Happened: Roku was rumored to be in talks to acquire Quibi's content and Friday's confirmation puts an...

Roku, Inc (NASDAQ: ROKU) is in advanced negotiations with Quibi to acquire the rights to the latter’s content, the Wall Street Journal reported Sunday. What Happened: Roku would acquire rights to the content library of the Jeffrey Katzenberg-founded company under the terms discussed,...

Short-form media streamer Quibi is shutting down six months into its launch, the company’s founder Jeffrey Katzenberg and CEO Meg Whitman said in an open letter to employees and investors. What Happened: Katzenberg and Whitman said they were winding down the business and returning cash to...

Less than a year after launching, short video maker Quibi is now exploring options that could include a sale. What Happened: The Wall Street Journal is reporting Quibi is “exploring strategic options” for the future. The report says the company could seek additional funding or go public...

Comcast Corporation’s (NASDAQ: CMCSA) streaming video-on-demand service Peacock’s mobile app was downloaded 1.5 million times in the first six days of its launch in the United States, according to data from market intelligence firm Sensor Tower. What Happened This is a 25...

Subscription video on demand service Quibi could only convert less than 8% of the users who signed up for a 3-month free trial on its platform in early days of launch to paying customers, according to data from Sensor Tower, as reported by the Verge. What The Report Said About 910,000 people had...

Media veterans Jeffrey Katzenberg and Meg Whitman were confident in the mid-pandemic timing of their launch of Quibi, a short-form video app. “Think about how often you use your phone when you’re homebound,” Whitman told the New York Times before the April 6 rollout. “People...