Quibi announces launch date and pricing structure

Quibi, the short-form mobile VOD platform headed up by Jeffrey Katzenberg and Meg Whitman, will launch on April 6, 2020. The service will offer a two-tiered structure: US$4.99 (€4.45) a month with ads and US$7.99 (€7.13) a month without. The mobile-oriented platform will focus on videos that are between seven and ten minutes in length, […]

Quibi has already raised US$1 billion, wants to double that by launch

Quibi, the short-form video platform helmed by industry veteran Jeffrey Katzenberg and former HP CEO Meg Whitman, is looking to raise US$1 billion (€890 million) – on top of the US$1 billion it has already raised. According to The Information, the company’s founders believe that Quibi (which stands for ‘quick bite’) requires the additional funding […]