Roku snapped up the rights to the majority of Quibi’s multimillion-dollar portfolio original programming — more than 75 shows in all — and will make them available free to stream in 2021 on the Roku Channel.
Following Quibi’s decision last October to shut down after failing to attract a sustainable base of subscribers, Roku acquired Quibi Holdings LLC, the company that holds all of Quibi’s content distribution rights.
Financial terms of the pact were not disclosed. A source familiar with the agreement said Roku is paying “significantly” less than $100 million for the Quibi library, confirming an earlier Wall Street Journal report. Rob Holmes, Roku’s VP of programming, said in an interview, “We do think this deal represents a great value.”
“Fundamentally, we think that Quibi has created great, high-quality content,” Holmes told Variety. “It’s a great value proposition for our users… We’re pivoting from Quibi’s SVOD model to an ad-supported model,...
Following Quibi’s decision last October to shut down after failing to attract a sustainable base of subscribers, Roku acquired Quibi Holdings LLC, the company that holds all of Quibi’s content distribution rights.
Financial terms of the pact were not disclosed. A source familiar with the agreement said Roku is paying “significantly” less than $100 million for the Quibi library, confirming an earlier Wall Street Journal report. Rob Holmes, Roku’s VP of programming, said in an interview, “We do think this deal represents a great value.”
“Fundamentally, we think that Quibi has created great, high-quality content,” Holmes told Variety. “It’s a great value proposition for our users… We’re pivoting from Quibi’s SVOD model to an ad-supported model,...
- 1/8/2021
- by Todd Spangler
- Variety Film + TV
Quibi – allegedly pronounced “kwibby” – is the latest service to enter the streaming game, and its strategy is unique. The streamer’s mobile-only content is designed to be consumed in small chunks, or “quick bites,” but unlike its competitors such as YouTube, the shows on Quibi have big name stars and production values similar to what you’d find on a major network. Creators Jeffrey Katzenberg and Meg Whitman are betting that in our modern society of short attention spans there is an audience for well-crafted entertainment that can be watched quickly while on the go. Interested in giving it a try? We’ve got a list of Quibi shows that we’re most excited about.
15. Chrissy’s Court
Available Now
It’s Judge Judy, except the judge is model and Twitter personality Chrissy Teigen. Who doesn’t want to watch John Legend’s spouse give legally binding judgements to petty small claims cases?...
15. Chrissy’s Court
Available Now
It’s Judge Judy, except the judge is model and Twitter personality Chrissy Teigen. Who doesn’t want to watch John Legend’s spouse give legally binding judgements to petty small claims cases?...
- 6/25/2020
- by Zach Moore and Zach Laws
- Gold Derby
Quibi is not moving ahead with a planned series dramatizing the rise of Snapchat and its founder, Evan Spiegel, Variety has learned exclusively.
The project was announced at the SXSW film festival last year by Quibi founder and board chairman Jeffrey Katzenberg. It was to be based on the feature script “Frat Boy Genius” by Elissa Karasik, which was featured on the 2018 Black List.
“We want to tell a story that’s as compelling and interesting about Snapchat and Evan as ‘The Social Network’ was for Facebook,” Katzenberg said at the time.
The news comes just one week after the launch of the mobile-only streaming app, which aims to premium short form content to subscribers in brief chapters, or “quick bites.” Quibi CEO Meg Whitman said earlier on Monday that the app had been downloaded 1.7 million times since launch. The service launched with a 90-day free trial.
Quibi’s launch...
The project was announced at the SXSW film festival last year by Quibi founder and board chairman Jeffrey Katzenberg. It was to be based on the feature script “Frat Boy Genius” by Elissa Karasik, which was featured on the 2018 Black List.
“We want to tell a story that’s as compelling and interesting about Snapchat and Evan as ‘The Social Network’ was for Facebook,” Katzenberg said at the time.
The news comes just one week after the launch of the mobile-only streaming app, which aims to premium short form content to subscribers in brief chapters, or “quick bites.” Quibi CEO Meg Whitman said earlier on Monday that the app had been downloaded 1.7 million times since launch. The service launched with a 90-day free trial.
Quibi’s launch...
- 4/14/2020
- by Joe Otterson
- Variety Film + TV
Updated: Quibi, the mobile-only streaming service from Jeffrey Katzenberg, said it hit 1.7 million installations within the first week of launch — higher than third-party estimates. According to analysts, the big-budget, short-form video streamer has had a relatively tepid reception in part because of the coronavirus pandemic.
Quibi said Monday that it reached 1.75 million downloads. By contrast, according to research firm Apptopia, the Quibi app had been downloaded and installed 1.15 million times as of Sunday, April 12. The service launched with a 90-day free trial.
Downloads have been fairly evenly split between iOS and Android devices, with about 87% of the installs from the U.S. and 6% from Canada, according to Apptopia data. Quibi’s app is available worldwide but the startup, led by Katzenberg and CEO Meg Whitman, is focusing its marketing and customer-acquisition efforts on North America.
Quibi’s debut comes at an inopportune time: The service is designed to be watched only on mobile devices,...
Quibi said Monday that it reached 1.75 million downloads. By contrast, according to research firm Apptopia, the Quibi app had been downloaded and installed 1.15 million times as of Sunday, April 12. The service launched with a 90-day free trial.
Downloads have been fairly evenly split between iOS and Android devices, with about 87% of the installs from the U.S. and 6% from Canada, according to Apptopia data. Quibi’s app is available worldwide but the startup, led by Katzenberg and CEO Meg Whitman, is focusing its marketing and customer-acquisition efforts on North America.
Quibi’s debut comes at an inopportune time: The service is designed to be watched only on mobile devices,...
- 4/13/2020
- by Todd Spangler
- Variety Film + TV
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