25 Sep Netflix May Discover Treasure in Quibi Wreckage [Bloomberg]
By Tara Lachapelle
September 22, 2020 | After barely six months, Quibi has been defeated in the streaming wars. The mobile streaming-video service is now seeking a rescue bid, but rather than find a buyer, it’s far easier to come up with a list of companies that can emulate Quibi — and outdo it. Netflix Inc., Walt Disney Co., Facebook Inc.’s Instagram, Google’s YouTube and ByteDance Ltd.’s TikTok all come to mind as companies that have a chance to marry short-form Hollywood storytelling with on-the-go social viewing in the way that Quibi should have pioneered.
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