Short-form streaming platform Quibi to shut down

Less than a day after landing on Apple TV, Amazon Fire TV and Fire stick, and Android TV, Quibi will be shutting down services after all.

Launched in April, Quibi touted itself as a breakthrough streaming medium for the on-the-go generation. The service offered 5- to 10-minute long "chapters," in a format that was optimized for viewing on a smartphone.However, as the coronavirus forced many indoors, the demand for on-the-go entertainment dwindled. The service even attempted to make jumps to larger screens through other streaming hardware, including smart TVs and set-top boxes like the Apple TV.

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