Jeffrey Katzenberg on Quibi’s Early Struggles: ‘I Attribute Everything That Has Gone Wrong to Corona

Jeffrey Katzenberg on Quibi’s Early Struggles: ‘I Attribute Everything That Has Gone Wrong to Corona

5/13/2020 — in a Variety interview earlier this week, Jeffrey Katzenberg, Quibi’s founder and CEO stated “If we knew on March 1, which is when we had to make the call, what we know today, you would say that is not a good idea. The answer is, it’s regrettable, but we are making enough gold out of hay here that I don’t regret it.” According to the New York Times, Quibi fell out of the top 50 most downloaded free iPhones apps a week after it launched. Now, it ranks as No. 125.


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