By Dade Hayes Finance Editor EXCLUSIVE: Quibi CEO Meg Whitman concedes that the early run of the mobile-first streaming service has come in “slightly below expectations,” due in large part to the paralyzing effects of COVID-19.
In an interview with Deadline, though, Whitman described the streaming service’s initial performance as “solid,” adding that North America’s gradual emergence from lockdown gives her reason for optimism. “We were designed for a different use case, no question about it,” Whitman said Monday evening, acknowledging that the notion of an on-the-go, short-form video experience is far less viable when most of us never go anywhere. “But we’re pretty pleased about where we are.” Plus, she added, “As the country begins to
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