Axios Re:Cap

Quibi's short-form rise and fall

Jeffrey Katzenberg and Meg Whitman’s new streaming platform Quibi failed to meet incredibly high launch expectations — it recently shared it has 1.3 million active users, way below expectations they set for 7 million users. Dan and Axios media reporter Sara Fischer discuss what went wrong for Quibi and how much of it can and cannot be blamed on coronavirus. 
PLUS: Uber eyes a big acquisition and California officials try to make nice with Tesla
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Each weekday afternoon, Axios unpacks the biggest story of the day and why it matters. We'll take you inside the accelerating forces, technologies and trends that are remaking your world and work. About Axios: Axios is a digital media company launched in 2017. Axios - which means “worthy” in Greek - helps you become smarter, faster with news and information across politics, tech, business, media, science and the world. Subscribe to our newsletters at axios.com/newsletters and download our mobile app at axios.com/app. 

Axios Re:Cap is on hiatus until October 2021.