When Jeffrey Katzenberg and Meg Whitman were developing plans for a new streaming-video service called Quibi, they got a warning from advisers. Make sure it can be seen on TVs, not just phones.
The two executives didn’t follow the recommendation, according to people familiar with the matter, and designed the service exclusively for people on the go. The company eventually changed course after launching, and in October, it released TV apps for some of the biggest streaming-media platforms.
Leftist garbage. Cancel.
They could have bought and acquired Moviepass and it's 3 millions subs by purchasing $HMNY for under $1mm.
Who would like to watch an episode for just 10 min and then wait a day for the next episode
If there was a Vegas line on whether or not this would fail you would have to bet $1000 to make $10.
They're not alone. Parametric Technology paid $430m for Onshape for their SAS CAD offering. It's great for lightweight access from everything, but lacked the heavy horsepower reqd by power users on a workstation. What value did they see in a languishing platform with 5,000 subs?
IrishHoodlum
Meg is a problem.... been there, done that...
Quick summary: Turns out nobody wanted to pay for six minutes of ad space.
Not only American prophets but some Canadian prophets got the same message too. Even from yesterday's church prayers. Here is a Canadian prophet. More than just visions from God about election, Also aftermath of election and virus. Vote 4 Trump for God
BillSimmons
The disinformation from liberal left is everywhere & so sickening.They try to cancel out everyone else with their fake one-sidedness.Non-compliant thoughts &truths R kickD off, removD, silencD. The one-sided media is a really scary prospect cause it's not Democracy,it’s socialism
Hunter Biden signD signature 2have his laptop repairD by repair shop.When he didn't return,by contract after 90 days,it belongD 2 repairman.When the man lookD at it,he called FBI 2take it in Dec,2019. If laptop were a hoax, why would FBI do criminal investig ofHunter&associates?
Because America has very talented individuals who have yet to be recognized by the industry and, still we have been forced to watch the same few idols fill every roll time and time again?
“Quibi finished with 450,000 paid subscribers, nowhere near the 7.4 million it was targeting in the first year.” A bad concept and poor planning plus forecasting. Big name execs don’t guarantee success—solid content that viewers can access easily and cheaply across devices does!
It’s hilarious that every major corporate entity that Whitman takes charge of quickly collapses. It’s like she has no clue.
What network would give Chrissy Tiegan a reality court drama 🤣🤣🤣🤣🤣
This idea doesn't even pass smell test. How it can attract so much investment is beyond me.
A lot libs in that picture. Bwa,bean was.Bwa.Bwa. Ha.Ha.
Ambitious? Ambitious would imply they actually had a plan. Their concept was flawed from the start and they bilked others for millions of dollars.
Good. Die Hollywood.
But they all still got paid.
literally no one was asking for shorter tv shows lol
Because it involved Hollywood
It was just another garbage idea that wanted me to pay another fee. Over all of them
Because it picked a dumb name.
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