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Quibi shutting down six months after its billion-dollar debut

CBS News Thursday, 22 October 2020
The company bluntly declared that it "is not succeeding" after raising almost $2 billion from Hollywood heavyweights.
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Video Credit: KTNV Channel 13 Las Vegas - Published
News video: Quibi shuts down 6 months after launching

Quibi shuts down 6 months after launching 02:07

Streaming service Quibi is shutting down after just six months in operation. ABC's Tj Holmes has more on what went wrong for the platform that attracted some big celebrity names and almost $2 billion in investments.

πŸ’‘ One News Page Knowledge: Other News Mentions

Quibi Quibi American short-form mobile video platform

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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
Streaming service Quibi to end after six months [Video]

Streaming service Quibi to end after six months

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.

Credit: Reuters Studio    Duration: 01:31Published

Hollywood Hollywood District in Los Angeles, California, United States

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According to Kurt Russell in a 'New York Times' feature, with partner Goldie Hawn, Hollywood stars shouldn't wade into politics publicly, as he thinks doing so only hurts their craft.

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Ethan Hawke reveals River Phoenix's death stopped him moving to Hollywood [Video]

Ethan Hawke reveals River Phoenix's death stopped him moving to Hollywood

Ethan Hawke has always avoided living in Hollywood as he is haunted by the death of his first co-star River Phoenix.

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