Quibi’s short-form videos will be resurrected in 2021 thanks to Roku
After weeks of rumours, Roku has acquired the rights to Quibi’s library. The defunct streaming service of short-form reveals will due to this fact stay on, however solely by means of the Roku Channel.
The content ought to start to look in Roku’s app for free this yr. Over 75 reveals are included within the deal.
Though Roku didn’t disclose how a lot it paid for Quibi’s content, nor did it reveal an actual rollout date, The Wall Road Journal claimed the streaming media firm paid “considerably much less” than $100 million. Roku’s announcement did say the content it licensed will characteristic stars akin to Idris Elba, Kevin Hart, Liam Hemsworth, Anna Kendrick, Nicole Richie, and Chrissy Teigen.
Quibi’s reveals had been originally designed for mobile units, however months after Quibi’s launch, you could possibly entry them on TVs by means of apps that launched for Apple TV, Android TV, and Hearth TV. Quibi content is also streamed to suitable TVs through AirPlay and Chromecast.
The Roku Channel is available on Rokus, smart TVs, mobile apps, and the web.
Roku – a well-liked maker of streaming units that serve up video apps akin to Netflix – has been attempting to focus extra on software program. By buying Quibi, it will possibly place the reveals solely inside The Roku Channel to assist develop the app.
Bear in mind each streaming video app, from Disney+ to CBS All Entry, has been scrambling to bulk up their authentic content choices.
Roku will reportedly keep unique rights to Quibi’s content till 2027, and it must current the reveals of their authentic kind, and might’t string a number of short-form reveals collectively to create content that is of an extended, extra conventional size, in response to The Wall Road Journal.
In October 2020, Quibi introduced it was shutting down after simply six months, regardless of managing to lift $1.75 billion in funding.