Meg Whitman on What the Virus Pandemic Means for Tech and Quibi's Launch

The video discusses the impact of the current international crisis on the economy, media, and entertainment industries. It highlights Quibi's strategic launch amidst the pandemic, focusing on its cloud-based operations, content availability, and advertising strategies. The video also explores Quibi's unique content ownership model, which benefits creators by allowing them to retain IP rights after a set period.

How does the speaker describe the current crisis compared to past events?

• Similar to the 2008 financial crisis

• Less severe than previous crises

• Worse than 9/11

• Unprecedented and unlike any past events

What impact has the crisis had on traditional movie production?

• Increased production

• Shift to outdoor filming

• Complete halt in production

• No impact on production

Why are streaming services like Netflix seeing increased viewership?

• More people are working from home

• Free subscriptions offered by streaming services

• Limited entertainment options during quarantine

• New releases on streaming platforms

What was a major challenge for Quibi's launch during the pandemic?

• High competition from other platforms

• Inability to advertise during major events

• Technical issues with cloud services

• Lack of content

How did Quibi adapt its launch strategy due to the pandemic?

• Delayed the launch indefinitely

• Offered a 90-day free trial

• Increased subscription prices

• Reduced the number of shows available

What is unique about Quibi's business model regarding content ownership?

• Quibi owns all content indefinitely

• Quibi only licenses content for one year

• Creators retain IP rights after a set period

• Content is shared with other platforms immediately

Why did Quibi choose to allow creators to own their IP?

• To compete with traditional networks

• To comply with new regulations

• To attract high-quality projects

• To reduce production costs