Uh Oh – Report Says Only 8 Percent Of Users Who Downloaded Quibi For Free Trial Have Stayed To Pay

The bad news, according to the report: Only 72,000 subscribers stuck around and decided to pay $5 a month (or $8 without ads) for the service. That conversion rate, around 8%, does not bode very well as Quibi battles its way through COVID-19 and a crowded streaming field.About 4.5 million total downloads of the app have occurred to date, Sensor Tower estimates. – Deadline