[mikeryan]

Yes but every network in existence does it and is forced into that paradigm. Every premium channel on cable (HBO/Showtime/Starz etc) have had to have a new breakout hit pretty much every year with a pretty small slate of new content - and Quibi has been able to combine this with some formats that actually should work (News, short form comedy etc).

[jrumbut]

I think the biggest issue is that there is a deluge of news and short form comedy, and it's free and good quality with a very tolerable amount of advertising on YouTube, Snapchat, Facebook, Instagram, Twitter, TikTok, television, etc, etc.

To succeed in short video they needed something that was beyond a bombshell, something desperately sought after but not forthcoming. Highly polished DeepFake Beatles concerts, with new music written by Paul McCartney. I don't see how you succeed charging for something that qualitatively better than YouTibe. You'd have to at least have new interactive elements (choose your own adventure? I don't know, but something cool).