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Jeffrey Katzenberg Remains Upbeat on Quibi: ‘I’m Still Quite Optimistic This Is Gonna Work’

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variety.com

Todd Spangler NY Digital EditorJeffrey Katzenberg hasn’t given up on Quibi’s mobile-first business model.The founder and chairman of Quibi has high hopes that his short-form premium video service — which has stalled out of the gate — will take off once COVID-19 quarantines are lifted later this summer.“I’m still quite optimistic this is gonna work,” said Katzenberg, speaking Thursday during SeriesFest, in a virtual edition of the sixth annual TV festival.Starting in July “when the country opens up… we are all going to be back on the go again,” he said. “The difference is, is that we are going to be waiting on line for more things than ever before… We are going to be waiting like crazy, and I hope Quibi is there to keep you.

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