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Not every exclusive bet pays off. Quibi, the short-form mobile platform, died in 2020 despite $1.75 billion in funding. Their exclusive content—mini-episodes starring huge talent—failed because the format didn’t match consumer habits. Likewise, Paramount+’s exclusive Halo series drew critical derision, and Peacock still struggles despite The Office exclusivity. Exclusivity is not magic; it requires quality, relevance, and discoverability. Quibi, the short-form mobile platform, died in 2020
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