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A deep-pocketed new streaming service has revealed it will launch in the US on 6 April.
Quibi has raised $1bn (£763m) in funds and commissioned some of Hollywood’s biggest names to make content for its mobile-only service. Each show will be 10 minutes or shorter.
The firm intends to charge $4.99 (£3.80) per month for basic access and $7.99 for an ad-free version.
But one industry-watcher questioned consumers’ willingness to pay.
Quibi’s chief executive Meg Whitman and founder Jeffrey Katzenberg announced the details of the service at the CES tech expo in Las Vegas.
She was previously the chief of eBay and Hewlett Packard Enterprise ... Read even more
