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Quibi on Track to Have Less Than 2 Million Subs After First Year

By Jessica Toonkel
· · Source: The Wall Street Journal

Jeffrey Katzenberg’s Quibi is on track to have less than 2 million paid subscribers by the end of the first year–well below the 7.4 million the company had targeted, according to the The Wall Street Journal. Katzenberg launched Quibi in April amidst the coronavirus pandemic and a lot of industry debate about whether the short-form video service could be successful. The figures cited by the...

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