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Quibi Had 1.7 Million Downloads In First Week, Meg Whitman Says

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Quibi, the cellular streaming service from Jeffrey Katzenberg and Meg Whitman, noticed 1.7 million downloads of its app in its first week of operation, Whitman mentioned Monday.

Whitman, showing on CNBC this morning, mentioned the quantity exceeded firm expectations, noting that 80% of customers who began watching a present accomplished the primary episode, suggesting sturdy engagement for the service, which launched April 6.

Preliminary knowledge confirmed Quibi was put in by 300,000 customers throughout Apple and Andriod units on its first day of launch, in comparison with Four million installs for Disney+ on its launch day in November.

Quibi affords quick bites — with high expertise in entrance of and behind the digital camera — meant to be consumed on the go on a handheld machine. With shelter-in-place widespread owing to the coronavirus pandemic, not many individuals are transferring round today. Katzenberg mentioned forward of the launch that had thought-about delaying it however determined to not, providing a 90-day free trial as a substitute.

After 90 days, subscribers pays $4.99 a month for an ad-supported model or $7.99 a month for no advertisements.

COPYRIGHT_BP: Published on https://bingepost.com/quibi-had-1-7-million-downloads-in-first-week-meg-whitman-says/95051/ by Hilda Workman on 2020-04-13T16:25:37.000Z

Additionally notable in Monday’s interview, Whitman mentioned the corporate is engaged on making the app forged to TV screens, a characteristic she mentioned had at all times been deliberate however was not accessible at launch. That’s one functionality that might be helpful throughout the shutdown – Quibi was meant to be consumed on the go however there’s not a lot go occurring now because of stay-at-home restrictions.

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About The Authors

Hilda Workman

Hilda Workman - Hilda Workman is a licensed financial advisor with years of expertise in the industry. She has assisted a range of clients, from sole proprietors to large corporations, in reaching their financial objectives. She is informed about many different financial subjects, including tax preparation, investment planning and also in fashion. She believes that the best things are those that are imperfect.

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