Introducing Quibi -- What Does It Mean for the Future of Streaming?

To the ranks of Netflix (NASDAQ: NFLX), Walt Disney (NYSE: DIS), Amazon (NASDAQ: AMZN), and the rest of the streaming service gang, you can now add a new name: Quibi. Newer and lesser-known than its peers, Quibi launched on April 6 of this year -- on time, despite the COVID-19 crisis.

Quibi is an ambitious service that in some ways looks very different from its more established competition. Quibi's short-form videos and mobile focus appear to bet on a fast-moving future in which streamers would be as eager to grab a few minutes of entertainment on the go as they would be to settle down in front of the TV. But are we living in that future yet? And if not, will we ever get there?

Image source: Getty Images.

Source Fool.com