(January 09 01:35) Mashable.com
At CES, the streaming service Quibi showed off its technology and some of its more than 175 new shows, which it hopes people will pay $4.99 a month to watch.
In case you haven't noticed, however, Quibi has a lot of competition. Netflix. Disney+. YouTube. Snapchat. There are endless ways for people to gorge on video these days. So how will Quibi, meant to be watched on mobile devices, survive?
"It's a different level of quality because we're spending more money," Quibi CEO Meg Whitman, who helmed both eBay and Hewlett-Packard, told Mashable on Tuesday.
A show on YouTube might cost "a couple hundred dollars a minute to up to $5,000 a minute" to produce, she said. "We make content for $100,000 a minute." Read more...More about Streaming Services, Quibi, Tech, and Consumer Tech
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