The fall of Quibi: how did a starry $1.75B Netflix rival crash so fast?

Re:The fall of Quibi: how did a starry $1.75B Netflix rival ... by tinco on Monday June 29, 2020 @09:48AM (#23677544)

Disney didn't have to do any market testing. It's very obvious that people will pay for access to their portfolio. I bet they're more worried the service cannibalizes their DVD/Blu-ray sales than that the service itself isn't popular enough.

And since they already had the content and the marketing channels, the only thing they had to spend real money on is engineering. There's also a lot of cachet attached to working for Disney so I bet hiring talent was not an issue.

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Re:The fall of Quibi: how did a starry $1.75B Netflix rival ... by cbsks on Monday June 29, 2020 @12:40PM (#23679176)

> I bet they're more worried the service cannibalizes their DVD/Blu-ray sales than that the service itself isn't popular enough.

I'm guessing they would love for Disney+ to replace DVD/Blu-ray sales. Rather than making a one time sale, the customer pays for it every month! Forever!

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Re:The fall of Quibi: how did a starry $1.75B Netflix rival ... by projektfu on Monday June 29, 2020 @01:05PM (#23679469)

A lot of customers are probably very happy to pay a monthly fee just to avoid having their DVD wear out while the movie is “in the vault”. Children play these things like 10 times per day.

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Re:The fall of Quibi: how did a starry $1.75B Netflix rival ... by lozaning on Monday June 29, 2020 @01:34PM (#23679918)

Does optical media really wear out?

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Re:The fall of Quibi: how did a starry $1.75B Netflix rival ... by cbsks on Monday June 29, 2020 @01:45PM (#23680043)

When kids are involved, yes :)

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Re:The fall of Quibi: how did a starry $1.75B Netflix rival ... by jdxcode on Monday June 29, 2020 @09:54AM (#23677604)

They also didn’t try to build the product with in-house engineers, they bought the (very good) company BAMTech.

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