quibi - Tech News from Simmons Systems

Tech News from Simmons Systems

quibi

A collection of 13 posts

Quibi Shuts Down After Six Months as Huawei Mate 40 Launch Approaches

The short-form streaming service Quibi officially closes its doors just 198 days after launching, leaving behind millions in unspent capital. Meanwhile, the tech world shifts its focus to the upcoming Huawei Mate 40 reveal and other industry updates.

Short-Form Streaming App Quibi Shuts Down After Six Months

Quibi, the mobile-focused video platform backed by Jeffrey Katzenberg and Meg Whitman, is closing its doors just six months after its high-profile launch. The service fails to attract enough subscribers despite featuring major Hollywood stars.

Quibi Shuts Down Just Six Months After Raising Nearly $2 Billion

The shortform mobile video startup Quibi is closing its doors and seeking buyers for its technology and content assets. Founders Jeffrey Katzenberg and Meg Whitman admit defeat after failing to attract enough subscribers to sustain the business.

Mobile Streaming Service Quibi Confirms Early December Shutdown

Quibi reveals plans to end its short-form streaming service around December 1, 2020. The company notes that it remains unclear if any of its exclusive content will find a new home on other platforms.

Quibi Shuts Down Just Six Months After Launch

After raising nearly $2 billion, the short-form mobile video platform Quibi is shutting down due to significant growth issues and failed acquisition attempts.

Quibi Shuts Down Just Six Months After High-Profile Launch

The short-form mobile video platform Quibi is closing its doors after failing to attract a sustainable audience despite raising nearly $2 billion.

Quibi Shuts Down After Just Six Months Despite Billions in Funding

Quibi, the mobile short-form video platform founded by Jeffrey Katzenberg, is shutting down and returning its remaining funds to investors after failing to attract enough subscribers.

Quibi Shuts Down After Six Months and $1.75 Billion Raised

Quibi abruptly winds down its short-form streaming service just six months after its high-profile launch. The company admits defeat, plans to sell its assets, and promises to return unspent funds to shareholders.

NBCU's Peacock Outpaces Quibi in Early Mobile App Downloads

NBCUniversal's new streaming service Peacock reaches 1.5 million mobile downloads in its first six days, beating Quibi's early performance but trailing far behind Disney+.

Quibi Shuts Down After Just Six Months as Industry Landscape Shifts

The short-form video platform Quibi officially confirms it is winding down operations and selling its assets just over six months after its launch. Founder Jeffrey Katzenberg notes that the world has changed dramatically, making standalone operations unsustainable.

Quibi Reaches 300,000 Downloads on Launch Day, Falling Short of Disney+

Quibi installs 300,000 users on its first day, a figure that represents just 7.5% of Disney+'s record-breaking launch. The mobile streaming platform faces unique challenges as its on-the-go format collides with global stay-at-home orders.

Quibi Launches Mobile Streaming Service Amid Global Quarantine

Backed by $1.75 billion, Quibi debuts with nearly 50 star-studded shows featuring episodes under 10 minutes. The mobile-first platform launches with a 90-day free trial despite the on-the-go viewing concept clashing with global stay-at-home orders.

Sony's Surprise EV and Samsung's Ballie Highlight CES 2020

CES 2020 delivers unexpected gadgets, including a Sony electric vehicle and a rolling Samsung companion robot. Quibi also turns heads with a unique video format that shifts between vertical and horizontal views.