Quibi Holdings, LLC

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Quibi Holdings, LLC - overview

Established

2018

Location

Los Angeles, CA, US

Primary Industry

Media

About

Based in California, US, and founded in 2018, Quibi Holdings, LLC. formerly known as NewTV, operates as a developer of entertainment or short form streaming platform that allows individuals to watch through their smartphones. The company was founded by Jeffrey Katzenberg. In July 2018, Quibi raised USD 1 billion in seed funding from Alibaba Group, Entertainment One Ltd.


, Goldman Sachs, Greenspring Associates, ITV, JPMorgan Chase, Liberty Global Plc, Lionsgate, Madrone Capital Partners, Metro-Goldwyn-Mayer Studios Inc. , NBC Universal, Sony Pictures Entertainment, Time Warner Inc. , Twenty-First Century Fox, Inc. , Viacom Inc.


, Walt Disney Co. , and Warner Bros. In January 2021, Quibi was acquired by Roku, Inc. The company provides media content such as scripted series, storytelling, documentaries, and news which allow users to watch through their mobile applications.


Quibi plans to release 175 original shows during its first year and expand to other countries around the world.


Current Investors

Greenspring Associates, JP Morgan Asset Management, Metro-Goldwyn-Mayer Studios Inc.

Primary Industry

Media

Sub Industries

Music & Video Streaming Software, Digital Media

Website

www.quibi.com

Verticals

Mobile Apps

Company Stage

Add-on

Total Amount Raised

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