Surprise: Quibi Is Not Doing So Great

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Surprise: Quibi Is Not Doing So Great
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A new report paints a bleak picture for the streaming service’s future

He added later in that interview of the decision to push forward with the launch despite the coronavirus pandemic, “If we knew on March 1, which is when we had to make the call, what we know today, you would say that is not a good idea. The answer is, it’s regrettable. But we are making enough gold out of hay here that I don’t regret it.”launched Quibi in 2018 with the goal of disrupting the streaming space.

At the time of that interview, Katzenberg and Whitman described each other as “diametrically opposed.” “We are doing something that hasn’t been done before,” said Whitman in 2019. “And while all start-ups have a certain amount of uncertainty, I worry about what Jeffrey is responsible for, which is the content, and he worries about what I’m responsible for, which is everything else. We feel pretty good about our relative areas.”piece goes slightly deeper into the early days of their working relationship.

, “any new founder-CEO partnership has to find its footing, and they did that over two years ago. They are good friends and admire and respect one another.” Now, if only that respect could translate into another few million subscribers.

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