3 Reasons Why Quibi Failed: Will Other Streaming Services Be Next?
Quibi, we hardly knew ye: After just a few months of existence, viewers are saying goodbye to one of the most unique streaming services ever to challenge Netflix (NASDAQ: NFLX) for streaming supremacy.
Quibi's business plan was certainly bold. The service's "quick bites" of content were designed to be consumed in short bursts. Quibi wasn't constrained by the half-hour and hourlong norms of traditional TV, and its super-short content was intended to be viewed primarily on mobile devices. These interesting ideas didn't really work, though, and other streaming services might be wise to consider the reasons why.
Here are three reasons Quibi's tenure ended up being as unusually short as its videos.
Source Fool.com
