Quibi is making a belt-tightening move, two months after Jeffrey Katzenberg’s ambitious mobile-video subscription startup launched — to disappointing initial numbers. However, the compa…
in an interview last month with the New York Times. “I attribute everything that has gone wrong to coronavirus. Everything.”Page Six’s story claimed Quibi paid Reese Witherspoon $6 million to narrate the “Fierce Queens” nature docuseries and that “Quibi staff are seething” over the situation because the show was relatively unpopular.
“We are grateful for Reese’s continued support of Quibi. We are proud of the work that Jim Toth and the Content team are doing every day,” the execs wrote in the memo. “Their integrity and commitment to their work is unparalleled and we are fortunate to have them on our team. They have delivered compelling content that is working great with our audiences.”
Quibi is renewing shows and has already announced two renewals — Jennifer Lopez’s “Thanks a Million” and “Dishmantled,” a cooking competition hosted by Tituss Burgess.
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