Quibi Closes Upsized $750 Million Second Round of Funding for Mobile-Video Launch

United States News News

Quibi Closes Upsized $750 Million Second Round of Funding for Mobile-Video Launch
United States Latest News,United States Headlines
  • 📰 Variety
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

One month ahead of commercial launch, Quibi said it closed $750 million in second-round funding, which the premium mobile-subscription player believes will take it to the point of profitability. Le…

One month ahead of commercial launch, Quibi said it closed $750 million in second-round funding, which the premium mobile-subscription player believes will take it to the point of profitability. Led by founder Jeffrey Katzenberg and CEO Meg Whitman, the company has now banked $1.75 billion to date. Earlier this year, Quibi said it had raised [...

service BritBox has ordered a new version of the award-winning satirical puppet show “Spitting Image.” The show is set to premiere this fall, with Spitting Image co-creator Roger Law leading the creative team. London-based Avalon is producing the series and development of the puppets is already underway, with [...]The London Book Fair has been canceled amid growing concerns around the spread of coronavirus in the U.K.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Variety /  🏆 108. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Quibi Goes For Laughs With ‘Hot Off The Mic’ Daily Stand-Up Comedy SeriesQuibi Goes For Laughs With ‘Hot Off The Mic’ Daily Stand-Up Comedy SeriesQuibi and Levity Live are partnering on a new daily comedy series titled Hot Off The Mic. The show will feature established and emerging comedians offering their takes on the latest headlines, the …
Read more »

See J. Lo, Chrissy Teigen, Liam Hemsworth in first-look photos from their Quibi showsQuibi's smorgasbord of quick bites will soon be available, but EW has an early taste for you. As the April 6 debut of Jeffrey Katzenberg's…
Read more »

Quibi Sets “Woke” Japanese Game Show ‘Let’s Go Atsuko!’ Hosted By Comedian Atsuko OkatsukaQuibi Sets “Woke” Japanese Game Show ‘Let’s Go Atsuko!’ Hosted By Comedian Atsuko OkatsukaComedian Atsuko Okatsuka is bringing her twerk-friendly funny to Quibi with the woke Japanese game show appropriately titled Let’s Go Atsuko! from National Lampoon and PalmStar Media. In the …
Read more »

Waymo Raises $2.25 Billion In First Funding Round With Non-Alphabet Backers, Including Silver Lake And Andreessen HorowitzWaymo Raises $2.25 Billion In First Funding Round With Non-Alphabet Backers, Including Silver Lake And Andreessen HorowitzThe move comes as the company accelerates R&D and expands its robotaxi and robotruck fleets.
Read more »

Justin Bieber Drops Dance Videos for Two 'Changes' TracksJustin Bieber Drops Dance Videos for Two 'Changes' Tracks“All Around Me” and “Habitual” are the first two tracks to launch ‘Changes: The Movement’
Read more »

See J. Lo, Chrissy Teigen, Liam Hemsworth in first-look photos from their Quibi showsQuibi's smorgasbord of quick bites will soon be available, but EW has an early taste for you. As the April 6 debut of Jeffrey Katzenberg's…
Read more »



Render Time: 2025-03-11 00:00:25