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This is a wild collapse…but probably still not as big of a flop as Quibi. Or at least, they seemed to have burned through slightly less money, and may be able
by perardi 4y ago
This is a wild collapse…but probably still not as big of a flop as Quibi.
Or at least, they seemed to have burned through slightly less money, and may be able to renegotiate some of the contracts to get the talent onto the main CNN service. And it’s not a totally bonkers idea to try to move the CNN brand into streaming as cable becomes less and less dominant…whereas Quibi was just madness, through and through.
https://www.theverge.com/2020/10/22/21528404/quibi-shut-down-cost-subscribers-content-tv-movies-katzenberg-whitman-tiktok-netflix https://www.theverge.com/2020/10/22/21528404/quibi-shut-down...