Quibi Converts Just 8% Of Free Trials To Paid Subscriptions, Report Says; Company Rips It As “Incorrect By An Order Of Magnitude”

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Quibi, Jeffrey Katzenberg’s beleaguered mobile streaming startup, got 910,000 people to sign up for free 90-day trials upon its April launch, according to new data from research firm Sensor T…

startup, got 910,000 people to sign up for free 90-day trials upon its April launch, according to new data from research firm Sensor Tower.

But the well-funded, lavishly marketed company is pushing back on the subscriber numbers, saying the correct number of total downloads is 5.6 million. It declined to offer paid subscription stats or conversion rates but described them in upbeat terms.“The number of paid subscribers is incorrect by an order of magnitude,” Quibi said in a statement.

 

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I keep hearing about Quibi, but I have yet to see a lineup of programming so no desire to subscribe.

I wasn't going to buy it! It was not worth it!

Yeah it’s .008 thank you very much!

Rest in peace in advance ✌️🤣🤣

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