FILE PHOTO: Quibi founder Jeffrey Katzenberg speaks during a Quibi keynote address at the 2020 CES in Las Vegas, Nevada, U.S., January 8, 2020. REUTERS/Steve Marcus
The downloads for Quibi increased by 1 million from the figure the company disclosed on April 13, one week after Quibi launched in the United States and Canada with a 90-day free trial. While streaming giant Netflix Inc warned on Tuesday that growth would slow once stay-at-home orders were lifted, Katzenberg said he expected the impact on Quibi to be “the opposite.” Quibi was designed for users to watch on the go while waiting in line, commuting or during other in-between moments.
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