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Streaming service Quibi scuttled after only six months

New Zealand Herald Wednesday, 21 October 2020
Streaming service Quibi scuttled after only six monthsAfter only six months in operation, the much-vaunted $2.4 billion ($US1.8 billion) streaming service Quibi is calling it quits.According to the Wall Street Journal, co-founder Jeffrey Katzenberg called investors to tell them the...
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Video Credit: Reuters Studio - Published
News video: Streaming service Quibi to end after six months

Streaming service Quibi to end after six months 01:31

Streaming service Quibi said on Wednesday it intends to wind down its operations and start a process to sell its assets, just six months after its launch. Libby Hogan reports.

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Jeffrey Katzenberg Jeffrey Katzenberg American film producer and media proprietor

Quibi apps arrive on Apple TV, Android TV, Fire TV [Video]

Quibi apps arrive on Apple TV, Android TV, Fire TV

American short-form mobile video platform Quibi has just launched apps for Apple TV, Android TV and Fire TV. The streaming service company announced the change in an updated support article. The company first made the content more shareable in May and followed that soon after with AirPlay and Chromecast support. A new report in The Information claims that co-founder Jeffrey Katzenberg has attempted to sell Quibi's programming to Facebook and NBCUniversal while telling others he may have to shut down the company entirely. As reported by The Verge, Quibi has struggled to scale since its launch, dealing with a lackluster reaction to its first collection of content and a drop in subscribers after its 90-day trial offered at launch ended.

Credit: ANI    Duration: 01:10Published

Quibi Quibi American short-form mobile video platform

Tech that's so 2020: Why Google, PS5 make our Tech Turkeys list this year

Time to look at products or companies Jefferson Graham highlights as a letdown in 2020.Β This year includes Quibi, PS5 and Netflix. Find out why.

USATODAY.com
Quibi Is Shutting Down Just 6 Months After Launch [Video]

Quibi Is Shutting Down Just 6 Months After Launch

According to 'The Wall Street Journal' the streaming service is to be one of the shortest-lived to date.

Credit: Cover Video STUDIO    Duration: 01:05Published
Quibi Shutting Down After Six Months | THR News [Video]

Quibi Shutting Down After Six Months | THR News

After raising nearly $2 billion in funding and promising to reinvent the way people consume entertainment programming, Quibi is shutting down six months after its launch.

Credit: The Hollywood Reporter    Duration: 01:34Published

The Wall Street Journal The Wall Street Journal American business-focused daily broadsheet newspaper based in New York City

Quibi Considers Shutting Down [Video]

Quibi Considers Shutting Down

The Wall Street Journal is reporting that streaming service Quibi is considering shutting down. Quibi has struggled to gain a foothold in the streaming industry since its launch in April. Business Insider reports that Quibi has failed to attract viewers and none of its shows have become major hits. Last month WSJ reported that Quibi was exploring multiple options, including a possible sale. The company boasted Hewlett Packard Enterprises CEO Meg Whitman as its CEO.

Credit: Wochit News    Duration: 00:29Published
Goldman Sachs Lands GM's $2.5 Billion Business [Video]

Goldman Sachs Lands GM's $2.5 Billion Business

Ramin Talaie/Corbis/Getty Images Goldman Sachs won the bid for General Motors' credit-card business for roughly $2.5 billion, The Wall Street Journal reported Thursday. The Wall Street giant beat out Barclays, acquiring more than one million GM cardholders and the $8.5 billion they spend annually, according to The Wall Street Journal. This is Goldman Sachs' second co-branded card, following the Apple Card, as it looks to expand its consumer-lending business.

Credit: Wochit News    Duration: 00:34Published

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Quibi, the short-form video app founded by Hollywood mogul Jeffrey Katzenberg, is calling it quits after just six months.

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