Quibi is shutting down after 7 months of operation. The $2 billion streaming service that presumed someone, somewhere, wanted to watch short shows in portrait mode is flaming out. It’s official: Jeffrey Katzenberg is calling investors to tell them he’s shutting the company down, sources tell @JBFlint and I:https://t.co/SIBb6h1OkQ https://t.co/aauafdxo3a — Ben Mullin (@BenMullin) October 21, 2020 The news was originally reported by the Wall Street Journal and was later confirmed in a company blog post.
Comment on RIP Quibi: Streaming service shuts down after less than a year
Rachel Kaser, The Next Web
Wed, 10/21/2020 - 4:27pm
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