Quibi Reportedly In Talks To Sell Its Shows To Roku (theverge.com) 12
According to The Wall Street Journal, failed mobile-first streaming service Quibi is in advanced talks to sell the rights to its content library to Roku for an undisclosed price. The Verge reports: If it were to happen, the deal could give the Roku Channel exclusive access to Quibi's slate of programming. None of Quibi's shows ever really took off, but Roku may feel that the content would stand a better chance when available on the best-selling streaming devices in the US.
Quibi announced it was shutting down back in October, just six months after its much-hyped launch. The service was headed by former HP CEO Meg Whitman and former Disney chairman and movie producer Jeffrey Katzenberg, who managed to raise almost $2 billion in funding before the app was released. Katzenberg had already tried to get companies including Facebook and NBCUniversal to pick up Quibi programming ahead of its demise, according to The Information.
Quibi announced it was shutting down back in October, just six months after its much-hyped launch. The service was headed by former HP CEO Meg Whitman and former Disney chairman and movie producer Jeffrey Katzenberg, who managed to raise almost $2 billion in funding before the app was released. Katzenberg had already tried to get companies including Facebook and NBCUniversal to pick up Quibi programming ahead of its demise, according to The Information.
Quibi (Score:2)
Re: (Score:3, Informative)
That being said, Roku specifically does have Apps for other devices. Apple does not though.
Huh? AppleTV+ app for Apple's subscription video streaming content is available on smart TVs, gaming consoles, Android, Amazon Fire TV, Roku and soon Android TV.
Re: Quibi (Score:2)
Reno 911 (Score:2)
Like if anyone was excited about 2 minute shows. (Score:2)
It was just some silly boardroom idea supported by some get-rich-quick investors.
Re: (Score:3)
People *are* excited about two-minute shows, and things with even shorter run-times. They're just not interested in paying for them the way Quibi packaged it.
A lot of other social media is short clips, and it succeeds because it's sourced economically on one end, and packaged affordably on the other.
Pretty much what I was thinking (Score:2)
Meg Whitman has destroyed probably $40 billion in the last ten years, and led three or four failed political campaigns. Who would hand her money?
Though to be fair, PayPal did succeed, and Whitman was CEO.
Doh! eBay, not PayPal (Score:2)
I meant eBay, of course, not PayPal.
Which orientation(s)? (Score:2)
The one thing I think is a shame about Quibi content being sold is that all of the vertical orientation content will never be seen again, and I think that some of the shows landed in to having some parts that you wanted to see in both orientations....
But I guess if it's not sold it will be seen in no orientations at all, so something is better than nothing.
I'm betting it's just the content and not the rights to the shows though, I could see where some of the shows might carry on with Netflix or Amazon.