Roku sees strong revenue growth from expanding subscriber base

Roku saw very strong revenue growth from monetisation of its user base in the second quarter, with the active user base also growing strongly. The streaming device-maker and platform operator saw its active user base rise to 55.1 million in Q2, up 28% in a year. However, platform revenue grew by 117% to US$532.3 million, […]

Roku prepares to launch Quibi shows from mid-May

AVOD operator and device manufacturer Roku will roll out its recently acquired programming from now-defunct Quibi from 20 May. The launch line-up includes 30 titles, ranging from scripted IP such as Most Dangerous Game, Die Hart, #FreeRayshawn and Reno 911!, to documentaries including Blackballed, as well as alternative and reality programming such as Punk’d and Chrissy’s Court. The shows, which were acquired by the […]

Roku enters into Original programming, rebrands Quibi content

Roku has announced its expansion into original content. The streaming stick maker said that it will launch over 75 series and films this year as a part of its free-to-view Roku Channel. A significant chunk of this library will be made up of the content that Roku picked up from short-lived streaming service Quibi earlier […]

Roku buys Quibi’s short-form content in deal valued at ‘less than US$100 million’

AVOD streamer Roku has confirmed a deal valued at around $100m to acquire more than 75 shows from Jeffrey Katzenberg’s defunct short-form streamer Quibi. The full range of titles that had previously premiered on Quibi will now be available exclusively around the world via the device manufacturer’s fast-growing AVOD service The Roku Channel, while more than a […]

Former Quibi CTO hired by Cameo

Rob Post, the former chief technology officer or short-lived streaming service Quibi, has found a new home at Cameo in the same role. Cameo is a platform which allows famous personalities to sell personalised short video messages, with celebrities on the platform including Dick Van Dyke, Floyd Mayweather and basketball legend Dennis Rodman. It claims […]

Roku nears deal to buy Quibi’s short-form content

AVOD streamer and device manufacturer Roku is nearing a deal to acquire programming from Jeffrey Katzenberg’s defunct short-form streamer Quibi. The streamer officially ceased operations in December just seven months after launching, following an admission in October that it had failed to secure subscriber interest and would be closing down. Roku has now emerged as […]

Quibi shuts down

Short-form and short-lived streaming service Quibi has officially ceased operations. The Jeffrey Katzenberg-created company announced in October that it would shut down in December, but did not mention a specific date. However, no later than the first of the month Quibi has shut up shop. While users can still open the app, it is impossible […]

Eko faces blow in attempt to block Quibi firesale

Embattled tech vendor Eko has seen a California federal judge reject its request to freeze some of Quibi’s assets. Eko has been embroiled in legal disputes with Quibi around the streaming service’s ‘Turnstyle’ viewing technology that transforms video from landscape to portrait. Eko claimed to have demonstrated its own proprietary aspect-shifting video tech to Quibi […]

Quibi confirms December shutdown

Quibi will shut down in December, the company has confirmed. The company announced on its support page that the service will end streaming “on or about December 1,” following the surprise announcement that the company would cease operating. Despite raising over US$1.75 billion ahead of launch, the company was not able to turn the mobile-oriented […]

Quibi shuts down after seven months

Short-form streamer Quibi is to shut down after just seven months on the market. The big-budget platform which raised more than US$1.75 billion ahead of its April 6 launch, published a Medium post announcing the shuttering, confirming a handful of reports from the likes of The Information and The Wall Street Journal. In the open […]

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