Correction: Quibi Denies Reported Star Fee, Layoffs

A story in the June 3 edition of Digital News Daily cited another publication's unnamed source’s report of a $6 million fee supposedly paid to Reese Witherspoon by Quibi for narrating a series, a comment that that series has been one of Quibi’s weakest performers, and a statement that some low-level staff have been “quietly let go” for cost-cutting reasons. A Quibi PR rep has now provided DND with the text of an internal memo written by Quibi founder Jeffrey Katzenberg and CEO Meg Whitman that states that the $6 million amount is inaccurate and that Quibi is "very pleased" with the performance of the "Fierce Queens" nature series narrated by Witherspoon. The memo also states, "we are not laying off staff as part of cost saving measures."  This story has been updated to highlight statements  disputed by Quibi.

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