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 […]

Quibi launches CTV apps, but is reportedly close to shutting down

Beleaguered short-form streamer Quibi has launched apps for Android TV, Amazon Fire TV and Apple TV, but it could already be too late to save the app.  The streamer launched in April with a mobile-only model, but the timing couldn’t have been worse, with the Covid-19 pandemic causing millions of its millennial audience to become […]

TDG: Quibi ‘must look to free ad-funded model to survive’

Short-form content platform Quibi’s recent move to reduce fees and introduce an ad-supported tier to its offering in Australia and New Zealand most likely portends a wider shift to a free, ad-supported model, according to The Diffusion Group (TDG). According to TDG, an overall lack of excitement at Quibi’s offering combined with the impact of […]

Quibi launches free ad-supported tier in Australia and New Zealand

Short-form streamer Quibi has launched in Australia and New Zealand and, in a move which acts counter to previous statements from the company, is offering a free ad-supported tier. The SVOD, which first launched in the US and Canada at the beginning of April, was previously offering a US$5 per month ad-supported service or US$8 […]

Quibi secures victory in legal battle with Eko

Jeffrey Katzenberg’s short-form video provider Quibi has secured victory in its legal battle with technology outfit Eko over the alleged theft of the latter’s intellectual property to power Quibi’s Turnstyle feature. Eko took action against Quibi in March, alleging that the high-profile short-form video streamer stole technology used for Turnstyle, which switches video from vertical […]

Report: less than 10% conversion rate for Quibi’s free trial

Short-form streamer Quibi has come to the end of its 90-day introductory free trial and the initial outlook for the Jeffrey Katzenberg founded company is not good.  According to mobile analytics firm Sensor Tower, Quibi only saw about 72,000 of the 910,000 users who signed up for the trial decide that the product was something […]

Quibi set to miss year one subscriber target by more than five million

The poor launch of Quibi is set to continue even as much of the US eases out of lockdown, with the streamer on course to massively miss its year one target. According to a report from the Wall Street Journal, the short-form streaming start-up which generated more than US$1.75 billion ahead of its April 6 […]

Quibi looks to diffuse internal tensions with staff memo, top exec salary cut

Top execs at short-form streamer Quibi have waved away suggestions that it could lay off staff. According to a memo sent to staff from Quibi founder Jeffrey Katzenberg and CEO Meg Whitman, the executives were matter of fact. The memo said: “We are not laying off staff as a part of cost-saving measures. We’ve recently […]

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