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Billions of dollars down the drain I think Quibi launched maybe 6-7 months ago
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Oct 21, 2020 21:38
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Committed to their short-format lifestyle to the end.
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Oct 21, 2020 21:45
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Don't forget Quibi's social media team being worse at advertising than any random 5th grader: https://twitter.com/Quibi/status/1280134695620091905
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Oct 21, 2020 21:48
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Soylent Pudding posted:Isn't there now Uber but for call centers where people buy their own equipment and fight for the privilege of getting paid well below minimum wage to field random customer support calls? No idea about that, but it wouldn’t surprise me at all. The generic places are usually and predictably pretty lovely, and you’ll often see the same location change names like every 2-3 years. My mom once lived across the street from one and it looked like any other place in an office park, and I only found out what it was years later when I was searching for a full time job. I did one phone interview, did their little online assessment, saw what a poo poo show it would be and noped away.
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Oct 21, 2020 21:49
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Here’s what I think. Quibi was trying to fill a percieved gap in the market by offering something that none of the other streaming platforms were offering. The problem was that that market was already being served, just not by Netflix and Hulu and the like. Short-form video content already existed, and even worse, Quibi was asking people to pay for what YouTube gives them for free. I believe Katzenburg failed to realize this because he is stuck in an old-fashioned mindset and cannot let go of his outdated, defunct industry “knowledge.” He did not believe that the user-created content on YouTube was truly competing with “real television.” Maybe he never even considered it in the first place. That’s my speculation. Hopefully someday we can hear the full story. Then at least Quibi will have produced something that entertained people.
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Oct 21, 2020 21:58
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Someone posted a pretty good Quibi breakdown article a while back, probably earlier in this same thread: https://www.vulture.com/2020/07/is-anyone-watching-quibi.htmlquote:Katzenberg is on his phone all the time, but he is also among the moguls of his generation who have their emails printed out (and vertically folded, for some reason) by an assistant. In enthusing about what a show could mean for Quibi, Katzenberg would repeatedly invoke the same handful of musty touchstones — America’s Funniest Home Videos, Siskel and Ebert, and Jane Fonda’s exercise tapes. When Gal Gadot came to the offices and delivered an impassioned speech about wanting to elevate the voices of girls and women, Katzenberg wondered aloud whether she might become the new Jane Fonda and do a workout series for Quibi. (“Apparently, her face fell,” says a person briefed on the meeting.)
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Oct 21, 2020 22:17
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Can any of their shows be repurposed and sold to other services or does the short segments pretty much make that impossible? Also if each episode is 5 minutes does that mean a season is one hour of content? Did they spend a billion dollars on 5 hours of actual content?
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Oct 21, 2020 22:49
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For most of their shows Quibi only had the rights for a few years.So most of it should end up somewhere.
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Oct 21, 2020 22:53
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Quibi is the dumbest poo poo ever because YouTube exists if I want short videos, and if I do want actual story based things Netflix is smart enough to remember my place for later.
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Oct 21, 2020 22:54
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TikTok ate a lot of that short video entertainment quarantine market. At least for younger people. And older people didn’t know what a Quibi was anyway.
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Oct 21, 2020 23:25
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Knormal posted:Committed to their short-format lifestyle to the end. 
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Oct 21, 2020 23:46
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Same Adult Swim proved that you could do short form content as a series and be successful with it, they just didn't do anything that would actually attract anyone to the service. There was no big buzzworthy show that would act as a cultural touch stone, not even marketably controversial stuff just the bizarre golden hand thing. It doesn't help that they had competitors with decent content released for free though.
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Oct 21, 2020 23:58
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Volmarias posted:
If you’re doing something specializing in short entertainment and your first phone call isn’t to Adam Reed you deserve your inevitable failure. Or rather, Welcome to You’re Doom
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Oct 22, 2020 00:06
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Thomamelas posted:For most of their shows Quibi only had the rights for a few years.So most of it should end up somewhere. It's kinda funny, this was a big selling point for getting creators onboard (the rights revert back to the creator after 2-5 years depending on the individual deal). But as a result they haven't been able to sell the company or library because they barely own any IP. So all these creators made shows for Quibi under the idea that (in addition to getting paid) the show would get exposure from the platform and then they'd own the long term rights so see a long term upside. Instead nobody is gonna see those shows for quite a while now. Anyway, who could have foreseen that two sixty year old billionaires wouldn't know how to run a media company targeted at 20 year olds.
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Oct 22, 2020 00:24
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Did this get posted yet? https://twitter.com/LukeXCunningham/status/1318982719922032641 hosed up if true
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Oct 22, 2020 00:31
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https://twitter.com/BW/status/1319028841357115392
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Oct 22, 2020 00:42
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https://twitter.com/AP/status/1318913304077733889
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Oct 22, 2020 00:44
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Is this an anyway meaningful? Pretty sure the Sackler family just looted and hid as much money as humanly possible and then distanced themselves from the company.
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Oct 22, 2020 00:53
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BaldDwarfOnPCP posted:Did this get posted yet? Funny how they get billions in VC funding but still union bust
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Oct 22, 2020 00:54
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You don't get rich by spending money!!!!!
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Oct 22, 2020 01:11
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pentyne posted:Is this an anyway meaningful? Pretty sure the Sackler family just looted and hid as much money as humanly possible and then distanced themselves from the company. The Sacklers had to give up ownership and pay several billion dollars themselves. Plus they’re no longer welcome at charity galas. Yes, that is seriously something they complained about. They can’t get dressed up and mingle. I think they, and Perdue Pharma, are still on the hook for state lawsuits, so they’re still looking at billions more in judgements. But honestly I’d rather see their top leadership perp walked into prison. I have a hard time understanding how a company can be guilty of felonies, but not the people running it.
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Oct 22, 2020 01:25
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Krispy Wafer posted:The Sacklers had to give up ownership and pay several billion dollars themselves. Plus they’re no longer welcome at charity galas. Yes, that is seriously something they complained about. They can’t get dressed up and mingle. Because corporations are people, except when it’s inconvenient for them to be people, then they’re not.
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Oct 22, 2020 01:27
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Veni Vidi Ameche! posted:Because corporations are people, except when it’s it inconvenient for them to be people, then they’re not. I think classifying them as ‘people’ is part of the problem. Now a company can be guilty of a crime, but not the people running it. As if a LLC has free will. The company’s management are just organisms within the host. Parasites if you will. Now we just need to make sure the money goes to treating opioid addiction and not to a lot of new football scoreboards.
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Oct 22, 2020 01:31
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If corporations were people, they would never be allowed to leave the psych ward.
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Oct 22, 2020 01:34
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 https://twitter.com/BenMullin/status/1319079025839656960?s=20
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Oct 22, 2020 02:16
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Corporations are people yet somehow can murder with impunity and never be strapped to the electric chair.
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Oct 22, 2020 02:18
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Platonicsolid posted:Corporations are people yet somehow can murder with impunity and never be strapped to the electric chair.
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Oct 22, 2020 02:21
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Corporations are rich people, who are immune to all that stuff anyway.
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Oct 22, 2020 02:58
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Knormal posted:Someone posted a pretty good Quibi breakdown article a while back, probably earlier in this same thread: https://www.vulture.com/2020/07/is-anyone-watching-quibi.html
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Oct 22, 2020 04:50
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When you say "Tech Industry", Meg Whitman famously destroyed HP (ok the real HP is doing fine, it's just called "Agilent" now)
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Oct 22, 2020 14:12
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As a huge Everything is Terrible fan, it’s time to Duane on the grave of Quibi or whatever it’s called. Hope Reno 911 gets to an actual loving streaming service
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Oct 22, 2020 14:22
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ookiimarukochan posted:When you say "Tech Industry", Meg Whitman famously destroyed HP (ok the real HP is doing fine, it's just called "Agilent" now) Another Meg Whitman success story! vyst posted:Imagine paying someone hundreds of dollars an hour to tell you something you already knew. Volmarias posted:Adult Swim FilthyImp has a new favorite as of 14:32 on Oct 22, 2020 |
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Oct 22, 2020 14:29
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ookiimarukochan posted:When you say "Tech Industry", Meg Whitman famously destroyed HP (ok the real HP is doing fine, it's just called "Agilent" now) I thought Carly Fiorina did that. Edit: Did some reading. It sounds like Fiorina wasn't great, but Whitman was really bad.
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Oct 22, 2020 14:31
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Knormal posted:Someone posted a pretty good Quibi breakdown article a while back, probably earlier in this same thread: https://www.vulture.com/2020/07/is-anyone-watching-quibi.html Every time Quibi comes up I wonder how anyone invested with a man Katzenberg's age who has his emails printed out. It's not like he's 90.
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Oct 22, 2020 15:14
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Its sounds like Meg and Jeff should be celebrated for redistributing billions of rich people money to the proletariat. We can only hope they keep this up.
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Oct 22, 2020 15:33
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That money mostly ended up with other billionaires. I mean, I assume.
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Oct 22, 2020 15:47
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Spazzle posted:Its sounds like Meg and Jeff should be celebrated for redistributing billions of rich people money to the proletariat. We can only hope they keep this up. I don’t think you understand anything about any of this
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Oct 22, 2020 19:11
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They're like a modern day Robin Hood! Stealing from the rich and giving to the....slightly richer... Does that sound right? That's like a Robin Hood right?
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Oct 22, 2020 19:58
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ookiimarukochan posted:When you say "Tech Industry", Meg Whitman famously destroyed HP (ok the real HP is doing fine, it's just called "Agilent" now) actually it's called keysight now lolol and i think you're confusing meg whitman with carly fiorina
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Oct 22, 2020 20:03
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The ‘creative director’ for Google Stadia, which is Google’s game streaming service, posted this today https://twitter.com/bangbangclick/status/1319305553454288896?s=21 Keep in mind that Stadia makes you buy almost all games before you can stream them He is today’s Main Character of Gaming Twitter as a result
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Oct 22, 2020 20:09
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