Quibi Creators Can Edit Their Bite-Sized Content Into Full Feature Films After Two Years

/Film | 6/14/2019 | Ben Pearson
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You might have heard about Quibi (short for “Quick Bites”), the upcoming streaming subscription service that will only be accessible on mobile devices. Longform shows will be broken up and served to audiences in short chunks, and the service has managed to lure in some top shelf creators like Steven Spielberg, Antoine Fuqua, Sam Raimi, Steven Soderbergh, and Guillermo del Toro, just to name a few.

But now we have a better understanding of exactly how this nascent service was able to lure such high-end talent. According to a new report, Quibi will be initially licensing content from these creators, but after two years of exclusivity, the service will allow them to re-edit those stories into full features and sell the rights elsewhere, giving them the potential for a huge payoff down the line.

Vanity - Fair - Article - Plans - Splash

Vanity Fair has a new article about how Quibi plans to make a splash when it debuts in April 2020, and it includes some info we hadn’t heard about the new company before:

It says it will give financial control to its creators. The company will exclusively license the content in bite-size-chunk form for seven years—but after two years on the service, the creator of the show (and the studio behind it) will be able to edit it into one contiguous piece and sell the rights to a global audience, reaping the financial rewards that come with such a deal.

Antoine - Fuqua - Training - Day - Drama

Antoine Fuqua (Training Day) is making a two-and-a-half-hour drama called #Freerayshawn for Quibi, a Dog Day Afternoon-esque story starring Stephen James (If Beale Street Could Talk, Homecoming) as an Iraq War vet who finds himself in a showdown with a New Orleans SWAT team. Fuqua was originally thinking about making it as a movie, but realized that this new service presented him with an intriguing alternative:

“Someone is basically financing...
(Excerpt) Read more at: /Film
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