The Wall Street Journal reported Monday that Jeffrey Katzenberg's mobile-video startup, Quibi, which raised $1.75 billion but has struggled to sign up subscribers, is considering a possible sale.
Quibi, which launched in April, has struggled to attract subscribers with its short-form mobile-focused originals in the increasingly crowded streaming space. The Journal reported that Quibi was on pace to miss its initial paid subscriber target by a large margin, according to a person familiar with the matter.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Carnival cruise lines reportedly lays off thousands of crew members - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Suraaaaaaaaammmmm That fleet can be used in emergency situations: after hurricane, wildfire and other disasters to house homeless Americans. It can transport needed supplies and first responders. So sorry for all these people
Source: BusinessInsider - 🏆 729. / 51 Read more »
Ultimate guide to using Instagram to drive sales and engagement - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Restaurants face another sales drag — the 2020 election - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Riots made it worse. 2 billion in damages!!!! I love to help restaurants. I set up commission free, independent online ordering systems. Stop giving away your profits and your customers to GrubHub, UberEats, Doordash!
Source: BusinessInsider - 🏆 729. / 51 Read more »