Jeffrey Katzenberg is copping to the disappointment that has been Quibi's soft launch into entertainment's coronavirus-era ecosystem.
The shortform video app, which gained 1.7 million views in its first week, quickly departed the Apple Store's 50 most downloaded free iPhone apps after and is currently ranked at No.
125. Quibi features a 90-day free trial and costs $4.99 a month with ads and $7.99 a month after that period. "I attribute everything that has gone wrong to coronavirus,” Katzenberg said in an interview with The New York Times published Monday. “Everything.