Quibi, the short-form, mobile-focused video service that Hollywood executive Jeffrey Katzenberg first hinted at in 2017, officially launched on Monday.After years of star-studded content announcements, not to mention $1.75 billion in funding, it might have been impossible for Quibi to live up to expectations. And indeed, it divided the hosts of More

We finally know just about how many subscribers Hotstar has amassed over the years in India. “Approximately 8 million.”Disney said on Wednesday that its eponymous streaming service now has over 50 million subscribers, nearly 8 million of whom are in India, where it launched its service atop Hotstar less than More

It’s a brutal time for marijuana startups. I’m hearing some are raising at 1/5th of their 2019 valuation amidst rampant competition, tall taxes, and slow legalization. The struggles for marijuana’s best-known startup, delivery service Eaze, continue as today it’s losing one of its top partners. $75 million-funded weed brand More

Sony said on Thursday that it is investing $400 million to secure a 4.98% stake in Chinese entertainment giant Bilibili.10-year old Bilibili features animation, comics, games and offers users the ability to stream their videos. The service, which has amassed over 115 million users, has attracted several big investors More

Looks like things haven’t gone completely smoothly with Quibi‘s launch.The issue appears to have been resolved, but the Quibi customer support account tweeted this afternoon that “some users may be experiencing problems with the Quibi app,” only to add an hour later that “Users should once again be able More

Quibi launches its mobile streaming service, Apple sources 20 million protective masks and Red Hat announces a new CEO. Here’s your Daily Crunch for April 6, 2020.1. Quibi launches its mobile streaming service in the middle of the quarantine eraThe much-hyped mobile app promising to deliver “quick bites” of More