What Happened To Quibi? 7 Reasons Why It Failed
Executive Summary: Quibi TV was an on-demand streaming application that focused on short-form video content. Episodes were around 10 minutes in length. Quibi, despite raising billions, had to shut down within six months of launching. Its content library was eventually sold to Roku for around $100 million. Quibi failed because it burned through too much … Read more