The (INSTANT) Failure of Quibi | Nearly 2 Billion Dollars WASTED | History in the Dark

Quibi was a video streaming platform created by Jeffrey Katzenberg. It specialized in what was known as "Quick Bites," short form content not longer than ten minutes. Also, you had to pay a subscription for it. Also, it still ran ads unless you paid more. It was a billion dollar disaster. Further reading: https://www.cnet.com/culture/entertai... https://en.wikipedia.org/wiki/Quibi 🟢Join this channel to get access to perks:    / @historyinthedark   🟢Patreon -   / darknessthecurse   🟣Discord -   / discord   🔴Cameo - https://www.cameo.com/darknessthecurse 🔵Facebook -   / history-in-the-dark-109003305113711   🟢Donations - https://streamlabs.com/edgerabbit/tip 🔴Reddit -   / historyinthedark   🔴Tiktok -   / historyinthedark   🟣Instagram -   / historyinthedark   🔵Twitter -   / darkthecurse   🟣Merch -    / @historyinthedark   🟣Twitch -   / edgerabbit   Other channels: 🟢Prehistory in the Dark:    / @prehistoryinthedark   🟣Gaming and Fanfic Readings:    / @darknessthecurse   🟣History Stuff:    / @historyinthedark   👔Merch: https://streamlabs.com/edgerabbit/merch --- I WRITE BOOKS! YOU CAN FIND THEM HERE: 📚Abyss: https://www.amazon.com/Abyss-Books-Pr... 📚Pryde: https://www.amazon.com/gp/product/B08... 📚Abyss on Audible: https://www.amazon.com/hz/audible/mlp... #documentary #corporate #truestory #quibi #streaming #quickbites #jeffreykatzenberg #megwhitman #failure #company #hollywood