Quibi launches in a world paralyzed by coronavirus

Apr 06, 2020 - Fortune

After 20 months of build up, nearly $2 billion in raised funds from some of the world’s largest entertainment companies, and dozens of A-list celebrity endorsements, Quibi—the new shortform video streaming service designed for on-the-go use—finally launched this morning, offering plans priced at $4.99 (with ads) and $7.99 per month (without) after a free 90-day trial.

Quibi’s arrival has been hotly anticipated and its utility has been intensely debated. The venture’s pedigree dra...