Quibi is dead, but its shows will live on. The Wall Street Journal reported last week that Roku was in talks to acquire the short-form video service’s content. And this morning, Roku announced that it has indeed reached a deal for the exclusive distribution rights to all of Quibi’s programs. Financial terms of the acquisition […]
Roku Lands Rights to 75+ Quibi Shows, Will Stream Them for Free
Quibi lasted only seven months as a standalone serviceTony Maglio | January 8, 2021 @ 6:38 AM Last Updated: January 8, 2021 @ 7:10 AM
Roku/Quibi
Roku and Quibi have officially struck a deal that will send 75+ Quibi shows to the streaming device’s The Roku Channel. They’ll be made available for free.
Technically, following an internal restructuring at Quibi, Roku acquired Quibi Holdings, LLC that’s the company that holds all of Quibi’s content distribution rights. Financial terms of the deal were not disclosed.
One does not need a Roku device to access The Roku Channel. It can be downloaded for free on mobile devices, which is exactly where Quibi was originally conceived to be consumed.
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Click inside to find out how much money Roku reportedly paid for the Quibi content…
It is being reported that Roku paid $100 million for the streaming rights to the Quibi content.
“The most creative and imaginative minds in Hollywood created groundbreaking content for Quibi that exceeded our expectations,” said Quibi founder
Jeffrey Katzenberg. “We are thrilled that these stories, from the surreal to the sublime, have found a new home on The Roku Channel.”
While Quibi was designed to watch the shows in short bursts, Roku will focus on the longer experience.
“It’s the same availability of content, the same presentation of content,” Roku VP of Programming