Briefing

    Quibi hits its ad-spending cap for its first year, ahead of next month’s launch

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    The mobile video-streaming app has signed exclusive pre-roll advertising deals with 10 partners worth a combined US$150 million. They are Progressive, Google, Walmart, General Mills, Procter & Gamble, AB InBev, Taco Bell, Pepsi and T-Mobile. (Axios)

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