New York (CNN Business) While the streaming wars rage on with big originals and expensive features, two of tech and Hollywood's biggest names are going small. Jeffery Katzenberg, the former Disney Studios chairman who also helped launch DreamWorks studios, and Meg Whitman, the former eBay CEO, are teaming up to launch Quibi ("Quick Bites" for short), a new streaming service for spring of 2020. It's "a really different thing" than what else is out there, Whitman told CNN Business in an interview at Austin's SXSW conference earlier this month. "There may be long stories, but you can get a full experience in 10 minutes if you're waiting at a doctor's office," Whitman said. Quibi won't actually make any of its own content in house — it's not a studio, Whitman said.
Source: CNN March 19, 2019 22:07 UTC