Hollywood-backed Quibi thinks you'll pay for its video bites
The company behind this billion-dollar bet is Quibi (KWIH-bee), which is preparing to offer movies, shows and other short form video designed for viewing in short bursts on mobile devices. Company executives argued at CES that Quibi will offer the first entertainment platform designed exclusively for the phone. “'Paid premium short form' (video) has never been in the same sentence. Quibi executives at the CES gadget show in Las Vegas showed off technology on Wednesday designed to make video viewing on the phone easier. For instance, it will let you watch full-screen video whether you hold the phone upright or sideways.