Quibi — the subscription-based streaming platform that delivers super-short-form shows to mobile devices — launched in April, but things haven't gone as well as hoped.
In the midst of the coronavirus pandemic, with people stuck in lockdown, consumers just haven't using the service as much as executives anticipated: Co-founder and former Disney studio head Jeffrey Katzenberg told The New York Times in May that the less-than-stellar viewership numbers are "not close to what we wanted" and that he attributes "everything that has gone wrong to coronavirus.
Everything." A source told Page Six that the poor performance has led to cutbacks at Quibi, which has begun to slash overtime for lower-level staffers and has already let go of some
Read more on wonderwall.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.