Beltway Confidential

How Quibi became the Fyre Fest of the coronavirus

By Tiana Lowe Doescher
Published June 18, 2020 2:16pm ET
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How Quibi became the Fyre Fest of the coronavirus
A global pandemic is forcing the entire country to stay at home. It’s hard to imagine a better time to launch a new entertainment platform. That’s why, in the first two months of the shutdown, Netflix added 16 million subscribers. Disney+ doubled its subscribers to 50 million, and global usage of streaming services overall has […]

A global pandemic is forcing the entire country to stay at home. It’s hard to imagine a better time to launch a new entertainment platform.

That’s why, in the first two months of the shutdown, Netflix added 16 million subscribers. Disney+ doubled its subscribers to 50 million, and global usage of streaming services overall has risen by 20%.

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