The newly launched Quibi is a streaming service with shows that should be seen everywhere at short intervals – and at least within Fortnite today. Today there is a limited time promotion, where the Quibi restart of the punk’d show moderated by Chance the Rapper is broadcast every hour on Risky Reels, the drive-in cinema on Fortnites Island. (Although it doesn't look like you can rotate the screen, a core feature of Quibi.)
It's a strange piece of cross-promotion, but it's also something that gets common in Fortnite. In December, J.J. Abrams came in the game to show a clip of Star Wars: The Rise of Skywalker, and there were other actions for everything from Birds of Prey to Borderlands. The game is currently in the middle of a Deadpool takeover.
The Quibi event is expected to last only one day. There is currently no word on whether a chance skin will follow.