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January 8, 2020 05:35 pm GMT

Streaming service Quibi will launch with more than 175 news

Streaming service Quibi will launch with more than 175 news

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

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/shU-cNDmvYs/

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Mashable

Mashable is the top source for news in social and digital media, technology and web culture.

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