A recent report claiming that the new mobile streaming service Quibi was struggling to find subscribers is false – at least according to Quibi. Earlier this week, a report claimed that just 8% of users who signed up for a free trial of Quibi ended up subscribing to the service – a 92% dropoff. But Quibi says the report is “incorrect by an order of magnitude” and that their app has seen over 5.6 million downloads so far.
Just 8% of Quibi’s Initial Free-Trial Users Have Converted to Paying Customers, Analyst Firm Estimates https://t.co/kfdgkbJcEC
— Variety (@Variety) July 9, 2020
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