Author: Julia Alexander
Illustration by Alex Castro / The Verge
Quibi, the shortform video streaming service designed for people to enjoy on their phones, has shuttered after less than a year of existence.
Led by veteran Hollywood executive Jeffrey Katzenberg and former HP CEO Meg Whitman, the streaming service was designed to be a revolutionary way to watch videos on the go, with shows and films specifically formatted to work in both landscape and portrait modes. With nearly $2 billion raised before Quibi even launched in April and a long line of Hollywood talent on board to provide movies and shows, Katzenberg and Whitman felt pretty good about their prospects — even if analysts and media critics questioned the duo’s strategy.
Then the United States joined the rest of the world in shutting down d...
Continue reading…
Continue reading...
Quibi, the shortform video streaming service designed for people to enjoy on their phones, has shuttered after less than a year of existence.
Led by veteran Hollywood executive Jeffrey Katzenberg and former HP CEO Meg Whitman, the streaming service was designed to be a revolutionary way to watch videos on the go, with shows and films specifically formatted to work in both landscape and portrait modes. With nearly $2 billion raised before Quibi even launched in April and a long line of Hollywood talent on board to provide movies and shows, Katzenberg and Whitman felt pretty good about their prospects — even if analysts and media critics questioned the duo’s strategy.
Then the United States joined the rest of the world in shutting down d...
Continue reading…
Continue reading...