As streaming services come up with new and innovative ways to get more subscribers, the market is making room for the mobile short-form streaming platform Quibi, which is set to launch in April.
Quibi's Chief Product Officer Tom Conrad is confident that the new platform's content will stand out among its peers with unique offerings. "We're the only service you can turn too for that Hollywood-style experience in between moments throughout your day," Conrad told Cheddar at the Consumer Electronics Show (CES) in Las Vegas.
Two of the features that will set Quibi apart from other streaming services will be its focus on the mobile screen experience and its short-form content. "We're laser-focused on taking advantage of this incredible trend of people consuming more and more video on their mobile phone on the go," Conrad said.
During its keynote at CES, the company demonstrated some of the new technology the platform will have including the 'Turnstyle' feature that will allow users to go from full-screen landscape viewing to full-screen portrait mode seamlessly. "It's giving more tools to creators and we would like to open up more of those tools over time, to see what else creators can come up with," Rob Post, chief technology officer, told Cheddar.
Conrad said the idea of the 'Turnstyle' feature came from having conversations and getting feedback from the Quibi creators. "We have this really unique opportunity to have our content be a real collaboration between creators and technologists," Conrad said.
Quibi will be offering two subscription plans: an ad-supported plan, which will cost $4.99 and an ad-free option for $7.99. "It's a great way to get a much larger audience into an experience," Conrad said.
With an already crowded market of streaming services Post says their team's collective experience and gut instincts tell them Quibi is something consumers will enjoy. "Yes, there are a lot of places to watch content but we think what we're doing is a little bit differentiated and a little bit more compelling," Post said.
It’s a chicken-and-egg problem: Restaurants are struggling with record-high U.S. egg prices, but their omelets, scrambles and huevos rancheros may be part of the problem. Breakfast is booming at U.S. eateries. First Watch, a restaurant chain that serves breakfast, brunch and lunch, nearly quadrupled its locations over the past decade to 570. Fast-food chains like Starbucks and Wendy's added more egg-filled breakfast items. In normal times, egg producers could meet the demand. But a bird flu outbreak that has forced them to slaughter their flocks is making supplies scarcer and pushing up prices. Some restaurants like Waffle House have added a surcharge to offset their costs.
William Falcon, CEO and Founder of Lightning AI, discusses the ongoing feud between Elon Musk and Sam Altman, and how everyday people can use AI in their lives.
U.S. tariffs on steel and aluminum “will not go unanswered,” European Union chief Ursula von der Leyen vowed on Tuesday, adding that they will trigger toug
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
Jeff Benedict, author of 'The Dynasty,' weighs in on the Kansas City Chiefs being the next big dynasty, who he thinks will win Super Bowl LIX and more. Watch!
