Is Quibi done for?
Illustration by Grayson Blackmon / The Verge
Struggling streaming service Quibi’s days appear to be numbered. The mobile-centric platform, which burned through a mind-boggling amount of investor cash trying to strong-arm its way into the streaming wars, may be imminently shut down, according to numerous reports about co-founder Jeffrey Katzenberg’s failed attempts to salvage the company and its intellectual property.
How exactly Quibi bites the dust is still a bit up in the air, though. The Information reported on Tuesday that company executives are considering shutting down the whole operation, after Katzenberg tried and failed to sell some of Quibi’s programming to companies like Facebook and NBCUniversal.
The Wall Street Journal followed that up with a report that Quibi has...
💡 One News Page Knowledge: Other News Mentions
Quibi Is Shutting Down Just 6 Months After Launch
Credit: Cover Video STUDIO Duration: 01:05Published
Quibi Shutting Down After Six Months | THR News
Credit: The Hollywood Reporter Duration: 01:34Published
Streaming service Quibi to end after six months
Credit: Reuters Studio Duration: 01:31Published
Quibi apps arrive on Apple TV, Android TV, Fire TV
Credit: ANI Duration: 01:10Published
Van-Tam: Oxford vaccine easier to use and deploy
Credit: ODN Duration: 01:20Published
Sturgeon: Families in Scotland likely to meet for Christmas
Credit: ODN Duration: 01:13Published
Hancock hopes to begin Covid vaccine rollout in December
Credit: ODN Duration: 01:38Published
Ashworth: Government needs plan to rollout Covid vaccine
Credit: ODN Duration: 01:16Published
Facebook Censorship and the Atlantic CouncilFirst published on October 14, 2018. Yesterday we witnessed one of the greatest Facebook account and page purges since its formation over a decade ago. In total,..
President-elect Biden inherits tense U.S.-China relationshipPresident-elect Joe Biden is entering office at a time when relations between China and the U.S. are strained. The Wall Street Journal's China bureau chief,..
RadioShack will live forever as a zombie brandPhoto credit should read PAUL J. RICHARDS/AFP via Getty Images
RadioShack’s shambling remains were given another jolt of life today when they were..
Lime unveils next-gen scooter as it continues to inch toward profitabilityLime unveiled its fourth-generation electric scooter with a swappable battery and enhanced safety features. The company also announced it was “cash flow..
Verizon goes 180 on HuffPost, sells it to BuzzFeedPhoto by Bodo Marks / picture alliance via Getty Images
BuzzFeed and HuffPost, formerly separate, are now one, as first reported by The Wall Street..
Social app Parler reportedly receives funding from the conservative Mercer familyPhoto by OLIVIER DOULIERY/AFP via Getty Images
Social media app Parler receives financial backing from conservative hedge-fund investor Robert Mercer..
You Might Like
Related videos from verified sources