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Friday, March 29, 2024

Youth-focused streaming platform launched amid lockdown

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Quibi, the multi-billion-dollar streaming platform launching Monday, is betting it can transform entertainment with short, Hollywood-quality clips to watch "on the go"­—even as much of the world is trapped at home.

Youth-focused streaming platform launched amid lockdown
CEO Meg Whitman says short-form video streaming service for mobile Quibi is launching in ‘unprecedented’ times.

Industry legends and stars from Steven Spielberg and Guillermo del Toro to Jennifer Lopez and Reese Witherspoon have lined up to make movies and shows for the youth-focused, smartphone-only service.

Tapping into the boom in mobile video viewing, all content will be delivered in clips of no more than 10 minutes­—or "quick bites." Every show must be made in both horizontal and vertical formats, automatically flipping between the two as viewers rotate their phones.

But Quibi's plans were set long before the coronavirus pandemic prompted stay-at-home orders for billions of people around the globe—meaning nobody is quite sure how to measure success in the months ahead, its CEO told AFP.

"Honestly, we don't know, because we are launching in unprecedented times," said Meg Whitman, who previously led eBay. "I don't think any of us have ever seen anything quite like this."

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While presumably fewer people will now watch during commutes or coffee breaks, self-isolation could prompt its own need for quick distractions, Quibi executives say.

A formidable lineup­—50 shows at launch, with 175 originals in its first year—helped make Quibi's decision to stick with its long-established April 6 launch a lot easier, said Whitman.

Big Hollywood names have committed to work with Quibi thanks to its founder, Jeffrey Katzenberg, a towering figure in Tinseltown who ran Disney Studios for a decade and co-founded DreamWorks. 

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