Top 10 Cultural Moments of 2020 | Arts | The Harvard Crimson
10. The Death of Quibi It was supposed to usher in a new era of mobile entertainment; it was going to be bigger than Netflix, than YouTube — indeed, a bit of a combination of the two. Founder Jeffrey Katzenberg (of Disney and Dreamworks fame), along with most of the entertainment world, had high hopes for Quibi. The original $1 billion in funding came from investors like The Walt Disney Company, 21st Century Fox, NBCUniversal, and pretty much every big name in entertainment one can think up — all for a platform that produced 10-minute clips that you could watch in portrait orientation. Si...
Source: thecrimson.com