Quibi, Jeffrey Katzenberg’s On-the-Go Streaming Bet, Adjusts to Life on the Couch

Last week, Quibi founder Jeffrey Katzenberg addressed a group of staffers at the streaming-video service, some of whom were fretting about the company’s decision to launch in early April.

Quibi’s short-form videos are tailored for users on the go, and its April 6 launch date arrived in the throes of a coronavirus pandemic that has forced millions to stay put. Mr. Katzenberg was blunt about the challenges of going to market now and expressed frustration with the situation, according to people familiar with the meeting, which…

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