What you need to know
- Quibi is set to strike deal with Roku, transferring the rights to its content to the larger company.
- The exact terms of the deal have yet to be shared, and it may still fall apart.
- Quibi announced that it would be shutting down last October after failing to take off.
The Journal reports that Roku plans on acquiring rights to Quibi's library, though how much money would change hands hasn't been disclosed. It's not a done deal yet either and could fall apart even at this stage as the Journal notes.
Quibi as a concept was one that had lots of potential, but also a product which was built on questionable strategy. It didn't allow for easy sharing, preventing it from taking off like TikTok, and the content was less spontaneous and more studio-produced, and there was no virality or community to keep people coming back. For a service that was supposed to be mobile-exclusive, it eschewed a lot of the mobile-first trappings that competitors had to ensure stickiness.
As a result, this potential deal isn't seen as wise by all. Some like the Financial Times believe this to be a foolhardy endevavour, pointing out that the content has already failed to entice users in the recent past. Perhaps Quibi's shows may find success on a platform that's less mobile-oriented. If Roku manages to strike a deal, we'll see how that plays out.
A worthy successor to the original Chromecast, the new Chromecast with Google TV can stream 4K HDR videos up to 4K HDR at up to 60 frames per second and also supports Dolby Vision. And if you're in Canada, you get six months of Netflix for free!
We may earn a commission for purchases using our links. Learn more.
OnePlus has announced that the first OxygenOS 11 Open Beta build for the OnePlus Nord will be released later this week. The first OxygenOS 11 Open Beta for the OnePlus 7 and 7T series devices is also expected to arrive "soon."
The Snapdragon 480 is here, and it delivers 5G-enabled budget phones in 2021. Here's what you need to know about Qualcomm's latest 5G chipset.
Expandable storage used to be a staple of most Android phones, but throughout 2020 and heading into 2021, it's becoming increasingly rare. Do you still consider it to be a must-have feature?
You might have a lot of time on your hands all of a sudden, and want to watch the best shows available on Netflix. We've got the shows worth your time.