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Streaming Service Quibi Shuts Down After Just 6 Months

Newsy Thursday, 22 October 2020
Streaming Service Quibi Shuts Down After Just 6 MonthsWatch VideoThe video app Quibi will shut down six months after its launch.

Top executives said the streaming service "is not succeeding."Quibi was designed to people to watch short videos on their phones while they were away from home. 

It launched right around the time the pandemic hit the U.S. One of its founders blamed...
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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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