Elevate your local knowledge

Sign up for the iNFOnews newsletter today!

Select Region

Selecting your primary region ensures you get the stories that matter to you first.

Cellphone-focused video service Quibi planned for April 2020

NEW YORK – There’s yet another new streaming service coming in the next year.

Quibi’s twist is that it’s focused on short videos for cellphones. Spokeswoman Gina Stikes confirmed Monday that Quibi will launch in April 2020 and cost $5 a month with ads and $8 a month without ads.

It’s run by big names — Jeffrey Katzenberg, the former Disney chairman and co-founder of DreamWorks Animation, and Meg Whitman, the former head of eBay and Hewlett-Packard — and it has attracted top Hollywood stars to make videos. It has raised $1 billion to pay for content and expects to raise $500 million for business purposes including marketing.

It would enter an increasingly crowded market of subscription streaming video services , including upcoming offerings from Disney , Apple and AT&T.

News from © iNFOnews.ca, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

Join the Conversation!

Want to share your thoughts, add context, or connect with others in your community?

Create a free account

iNFOTEL

Related Articles

Registration of U.S. nurses in B.C. soars amid recruitment push | iNFOnews.ca
Alex Alvarez, shown in this undated handout photo, is moving from Anchorage, Alaska, to Nanaimo, B.C., to work as a nurse. The Ministry of Health says around 174 American health care workers accepted an offer to work in the province between last May and September after B.C. ramped up its American recruitment efforts. THE CANADIAN PRESS/Handout — Alex Alvarez (Mandatory Credit)

Registration of U.S. nurses in B.C. soars amid recruitment push