Quibi to shut down

[Brayden Fitzsimmons Joined: May 3rd, 2015 Topics: 96 Posts: 6128 View Predictions]

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Quibi, 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 that Katzenberg and CEO Whitman are about to have a call with investors this afternoon to explain their decision to wind down the short-form video service after little more than six months. They are exploring options including selling content or the entire service in the hopes that a buyer emerges.

The process of bringing Quibi to a close is expect to take several months we hear with subscribers receiving notifications in the near future. A staff meeting with Katzenberg and Whitman is also scheduled for later today.

https://deadline.com/2020/10/quibi-to-shut-down-ending-2b-streaming-experiment-1234601356/

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[methaddiction Joined: Aug 1st, 2017 Topics: 4 Posts: 3231 View Predictions]

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I can’t imagine anyone being surprised by this.

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[Alina Mihaela Joined: Oct 3rd, 2020 Topics: 0 Posts: 174 View Predictions]

#1203794640

What a big surprise , said no one. This was doomed to fail from the start

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[William Gillquist Joined: Jan 1st, 2020 Topics: 10 Posts: 417 View Predictions]

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FYC Oscars: Chloe Zhao (Nomadland), Delroy Lindo (Da 5 Bloods), Mark Rylance (Trial of the Chicago 7), Viola Davis and Chadwick Boseman (Ma Rainey's Black Bottom), Soul (Best Picture, Best Animated Feature Film, and Best Original Screenplay)

FYC Golden Globes (TV): Ted Lasso (Best Comedy Series), Jason Sudekis (Best Actor in a Comedy Series), Hannah Waddingham (Best Supporting Actress), The Boys (Best Drama Series), Anthony Starr (Best Actor in a Drama Series)

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[The Person Formerly Known As Linguini Joined: Aug 18th, 2020 Topics: 1 Posts: 800 View Predictions]

#1203794948

rubbish

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[wolfali Joined: Sep 4th, 2018 Topics: 238 Posts: 12549 View Predictions]

#1203795044

My reaction to this :

FYC OSCARS : VANESSA KIRBY FOR "PIECES OF A WOMAN", AMANDA SEYFRIED FOR "MANK", ANTHONY HOPKINS FOR "THE FATHER", CHADWICK BOSEMAN FOR "MA RAINEY'S BLACK BOTTOM", PROMISING YOUNG WOMAN (BEST ORIGINAL SCREENPLAY).

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[Sir Shaw Joined: Aug 1st, 2019 Topics: 1 Posts: 206 View Predictions]

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Watch retrospectives in 5-10 years in TikTok+ is launched and everybody’s like “maybe Quibi was too ahead of it’s time, a Bionic tease”

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[vinny Joined: May 20th, 2011 Topics: 18 Posts: 74085 View Predictions]

#1203796047

well that was quick.

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[Atypical Joined: Dec 1st, 2011 Topics: 349 Posts: 21243 View Predictions]

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Quelle surprise!

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