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Quibi, Jeffrey Katzenberg's short-form video company, will reportedly shut down after just 6 monthsWow, it lasted 6 months!?! Outperformed. Short form, indeed. That will not affect how much money their executive made before launch. economy VentureCapital PrivateEquity
Source: CNBC - 🏆 12. / 72 Read more »
Quibi Is Shutting Down After Failing to Find a Buyer (Report)UPDATED: Quibi, the struggling short-form mobile video startup led by founder Jeffrey Katzenberg and CEO Meg Whitman, is shutting shut down the company after failing to find a buyer, according to a… It was DOA. I admit I did enjoy that free trial Quibi offered because Reno 911 was the only reason I used their crap service.
Source: Variety - 🏆 108. / 63 Read more »
Quibi To Shut Down, Ending $2B Streaming ExperimentQuibi, the mobile streaming service launched amid great fanfare and nearly $2 billion in start-up capital by Jeffrey Katzenberg and Meg Whitman, is officially shutting down. Deadline has learned th… Didn't this just start? Like yesterday? Lol
Source: DEADLINE - 🏆 109. / 63 Read more »
Quibi to Shut Down Six Months After Launch (Report)Jeffrey Katzenberg and Meg Whitman raised nearly $2 billion for their mobile-first video startup. Woah!! That was an expensive experiment!!😳 jonlovett
Source: THR - 🏆 411. / 53 Read more »
Quibi Is Shutting Down as Problems MountThe streaming service is shutting down, according to people familiar with the matter, a crash landing for a once-highflying entertainment startup that raised $1.75 billion in capital. Not surprised by this news really.
Source: WSJ - 🏆 98. / 63 Read more »
As Quibi Shutters, So Goes Nearly $2 Billion in Major Hollywood InvestmentsDisney, NBCUniversal, Viacom, Sony Pictures Entertainment, WarnerMedia, Lionsgate, MGM, ITV, Entertainment One — the list of Hollywood heavy hitters that poured money into Quibi is a veritabl… That's 266,666,666 Chipotle steak burritos yo. RIP Quibi. They should follow Peacock’s model and have a free base membership with ads!
Source: Variety - 🏆 108. / 63 Read more »