Jan 9, 2020
Netflix rival limits show times to 10 minutes
Quibi has raised $1bn in funds and commissioned some of Hollywood's biggest names to make content for its mobile-only service. Quibi's chief executive Meg Whitman and founder Jeffrey Katzenberg announced the details of the service at the CES tech expo in Las Vegas. Quibi which stands for "Quick bites" is commissioning videos running from four to 10 minutes in length. One of Quibi's biggest challenges will be persuading the public to pay for an additional streaming service. Quibi Mr Katzenberg told the BBC that he believed Quibi's main competition is other short-form video platforms such as YouTube, Snapchat and TikTok.
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