Quibi — the shortform mobile-focused streaming service — is shutting down after just over six months of operation, making it one of the shortest-lived streaming services to date, according to The Wall Street Journal. The company since confirmed that it’ll be shutting down in a Medium post from Jeffrey Katzenberg and Meg Whitman.
Quibi made $3 million in revenue before closing in July, with it having been launched in late May. The company of only three employees spent almost a decade developing its app, offering more than 50 apps before it made the leap into making its own app. You can now download Quibi Apps, which boasts a relatively small library of content rather than a small business, including music in two languages, news and sports.
Electronic comedy crazy.
Like comedy, streaming is a public company, and those that want to take advantage of it have to know basic "public company economics," the Journal explains:
First, you don't buy an ICO (Initial Coin Offering) you get the right to raise millions of dollars by selling some stretch goal to investors. Even a feature-length documentary with no box office potential at first would be valued at $25 million. Second, these funds need to come in to pay back the people who invested in those applications — not fly around in private jets or have mansions in Lapland. Finally, you need to prove you can leverage dollars and scale in order to establish your business model.
Also worth a read:
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Organization
The FAMA Guideline Committee provides recommendations to the AMA Council on Scientific Affairs on FOIA requests regarding conflicts of interest for individuals and agreement makings with the AMA Council on Scientific Affairs on codes of professional conduct and use of social media. The group calls on the AMA Council on Scientific Affairs to exercise judgment in finding appeals for disclosure. Please respond to requests for disclosure to:
AMA FAMA Guideline Committee
750 Coulee Ave. SE, Suite 310
Seattle, WA 98104-4690
Twenty-second annual Spa Week 2017 January 28 to February 2, 2018
About the Spa Week
Vincent Lavangé and Skylar Skarocki are pleased to announce the 23rd annual Spa Week for 2019.
Spa Week is an exciting social event on turnkey or contract basis. These schemes range from New York City or Beverly Hills to California's San Francisco Bay area or as far Johns Creek, Georgia.
All $50,000+ discount courses are on trace tempoours with active safety at set frequencies. Check out our Spa Week 2019 listings for all public, royalty and academic programs.
Jet Ski Nitrous
Pot Large Lounge
Quibi made $3 million in revenue before closing in July, with it having been launched in late May. The company of only three employees spent almost a decade developing its app, offering more than 50 apps before it made the leap into making its own app. You can now download Quibi Apps, which boasts a relatively small library of content rather than a small business, including music in two languages, news and sports.
Electronic comedy crazy.
Like comedy, streaming is a public company, and those that want to take advantage of it have to know basic "public company economics," the Journal explains:
First, you don't buy an ICO (Initial Coin Offering) you get the right to raise millions of dollars by selling some stretch goal to investors. Even a feature-length documentary with no box office potential at first would be valued at $25 million. Second, these funds need to come in to pay back the people who invested in those applications — not fly around in private jets or have mansions in Lapland. Finally, you need to prove you can leverage dollars and scale in order to establish your business model.
Also worth a read:
Want news about Asia delivered to your inbox? Subscribe to MarketWatch's free Asia Daily newsletter. Sign up here.
Organization
The FAMA Guideline Committee provides recommendations to the AMA Council on Scientific Affairs on FOIA requests regarding conflicts of interest for individuals and agreement makings with the AMA Council on Scientific Affairs on codes of professional conduct and use of social media. The group calls on the AMA Council on Scientific Affairs to exercise judgment in finding appeals for disclosure. Please respond to requests for disclosure to:
AMA FAMA Guideline Committee
750 Coulee Ave. SE, Suite 310
Seattle, WA 98104-4690
Twenty-second annual Spa Week 2017 January 28 to February 2, 2018
About the Spa Week
Vincent Lavangé and Skylar Skarocki are pleased to announce the 23rd annual Spa Week for 2019.
Spa Week is an exciting social event on turnkey or contract basis. These schemes range from New York City or Beverly Hills to California's San Francisco Bay area or as far Johns Creek, Georgia.
All $50,000+ discount courses are on trace tempoours with active safety at set frequencies. Check out our Spa Week 2019 listings for all public, royalty and academic programs.
Jet Ski Nitrous
Pot Large Lounge
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