Streaming Video Service Quibi Discloses 2020 Launch Date, Pricing, Programming

Quibi (“quick bites”), the mobile-based subscription streaming video service created by Jeffrey Katzenberg and Meg Whitman, is slated to launch April 6, 2020 with two pricing plans.

Katzenberg, who sold DreamWorks Animation to Comcast for $3.8 billion in 2016, and Meg Whitman, former CEO of Hewlett Packard and eBay, unveiled further details of the short-form video service backed by $1 billion in funding at recent media events in Los Angeles and Banff, Canada.

The $4.99 monthly plan will feature advertising, while a $7.99 plan will be ad-free.

“We’ve just raised $1 billion,” Whitman told attendees at the event hosted by the Producers Guild of America. “But we will go out to the market, in the fall or next spring. We don’t need the money right now, but we will need more to get to break even.”

With its deep pockets (Whitman expects to generate another $500 million in funding this year), Quibi has attracted mainstream talent both in front and behind the camera.

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Steven Spielberg is writing a horror series that will only be viewable at night. Speaking at the Banff World Media Festival June 9, Katzenberg said the episodic series, “Spielberg’s After Dark” will only be accessible after the user’s smartphone senses what time of the day it is.

Directors Antoine Fuqua (Training Day), Sam Raimi (Spider-Man), Guillermo del Toro and Don Cheadle, among others, have projects underway with Quibi.

Katzenberg said the platform is targeting users with episodic content that is from seven-to-10 minutes long. Quibi promises 125  pieces of content weekly and 7,000 titles in the first year.

“What Quibi is doing, it’s not really short form,” Katzenberg said. “Chapters or act breaks … are specifically shot to be watched on the go. If you’re 25-35 years old, you get up and you’re on [a smartphone] for over five hours [a day].”

Sony Sets ‘Equalizer 2’ for Disc Dec. 11, Digital Nov. 13

Sony Pictures Home Entertainment will release The Equalizer 2 digitally Nov. 13, and on Blu-ray, DVD and 4K Ultra HD Blu-ray Dec. 11.

Denzel Washington returns to the role of Robert McCall in the sequel to the 2014 thriller that itself was based on the 1980s TV series about a former intelligence agent who uses his skills to help people in danger.

The latest installment, again directed by Antoine Fuqua, finds McCall seeking revenge for the death of a friend. The cast also includes Pedro Pascal, Ashton Sanders, Bill Pullman and Melissa Leo.

The Equalizer 2 earned $102 million at the domestic box office.

Home video extras include the featurettes “Seconds Till Death: Action Breakdown” and “Through Antoine’s Lens: The Cast,” plus two NBA promos.

The Blu-ray and digital versions also include a “Retribution Mode” with Washington and Fuqua delving into the making of key scenes as the film plays out; a pop-up trivia track;  11 deleted and extended scenes; and a “Denzel as McCall: Round Two” featurette. Digital content may vary by retailer.