When the post mortems on Quibi are written, unless this thing miraculously reverses course, Katzenberg and the others are all going to say like, "We got screwed by the pandemic," but that's not it. For sure, I think they were banking on a reservoir of people who want to watch a 5-minute show in between stops on the subway, and that couldn't be planned for. BUt streaming services have all seen huge growth during the pandemic -- even the ones with stable floors and limited ceilings -- and it's not just streaming services focusing on long-form.
I don't think Quibi was ever able to answer the core challenge posed to them over the last year: "Will anybody pay a monthly fee for short-form content when most people get short-form entertainment 'for free' from YouTube, TikTok, Instagram, and Twitter?"
If anybody was going to get Quibi to work, it would be Katzenberg, and I think he went about it the right way... Over-pay talent, over-pay producers, and make a benefit analysis to content creators... "We'll pay you $100,000/minute" as this piece quotes, that's something *no one else* would pay. They did get the content for the most part, this isn't like other services that don't have the content at launch, but I think the format is tough.
I think the Quibi content would be super popular if it launched as a side-aspect to something like Netflix. Like, as part of your $12/mo on Netflix, you get this short form mobile content ... maybe it's an auxillery to the long-form content on Netflix, maybe it has it's own custom app and you can only watch it on mobile devices or something. Maybe there's tie in between the short form content and the long form content. BUt as a stand alone service it always seemed rough.
I think Katzenberg will ultimately be right that short form content like this on a premium service might very well be a huge success. But I suspect Quibi will be like Vine, and whatever comes next will be like Snapchat and TikTok. The app that does it first is not always the app that does it successfully, and sometimes it takes a service trying something and failing for another one to swoop in and succeed where the previous one failed.
Are any of the shows on it good?
I've heard 'The Most Dangerous Game' is good but it's annoyingly broken up in segments that don't make sense narratively.