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Wednesday, Oct. 21, 2020
Short-video app Quibi said it is shutting down just six months after its early April launch, having struggled to find customers.
The company said Wednesday that it would wind down its operations and plans to sell its assets. "Quibi is not succeeding," its top executives bluntly declared...
Saturday, Apr. 4, 2020
Want to see Chance the Rapper prank Hollywood stars? Catch a new action thriller starring Liam Hemsworth and Christoph Waltz? How about a six-minute edition of "60 Minutes"? There's an app for that, and more.
Quibi — a snappy amalgam of "quick" and "bite" — is a mobile phone-only...
Thursday, Jan. 9, 2020
A startup heavily backed by Hollywood is wagering that you're ready to set aside YouTube and TikTok to watch star-studded short videos on your phone — for a price.
The company behind this billion-dollar bet is Quibi (KWIH-bee), which is preparing to offer movies, shows and other short...
Wednesday, Jun. 12, 2019
Quibi, a start-up that stands for “quick bites” of video expressly designed for consumption by on-the-go folks via their smartphones, may carry implications for the advertising community, spawning new sponsored message forms. At least that’s part of the vision shared by Quibi CEO Meg Whitman who...
Monday, Jun. 10, 2019
On one hand, you should zig while others zag. On the other, you are compelled to stream when so many are accessing content on streaming platforms. These pieces of advice--reflecting, respectively, contrarian and conformist thinking--were imparted jointly by Toby Emmerich, chairman of Warner Bros...
Tuesday, May. 28, 2019
Jeffrey Katzenberg will be honored as the Cannes Lions Media Person of the Year 2019. Katzenberg will be presented with the award at an evening awards ceremony on Wednesday, June 19, during the annual Cannes Lions International Festival of Creativity.
Katzenberg is the founder and...
Thursday, Apr. 28, 2016
Comcast is buying DreamWorks Animation, the film company behind the "Shrek," ''Madagascar" and "Kung Fu Panda" franchises, for approximately $3.55 billion, strengthening its presence in the important and growing business of children's entertainment.
DreamWorks stockholders will receive $...