Quick question: what is Quibi?

It's not just your imagination--there really are a bunch of celebrities who have signed on to do projects with the forthcoming streaming service Quibi. Just one question--what is it, exactly?

Screengrab is a new KCRW commentary segment hosted by veteran TV journalists Michael Schneider and Joe Adalian. Each week, they'll have a lively discussion about the evolving world of television and that screens – be they tablets, phones or TV sets – increasingly dominate our lives.