Quibi is shutting down

It’s not clear what will happen to the company’s lineup of expensive, star-studded original shows and shortform films after the shutdown. Earlier reports indicated that co-founder Jeffrey Katzenberg had courted Apple, WarnerMedia and Facebook to try and acquire the beligured streaming company earlier this year. And when those efforts failed, Katzenberg reportedly tried to get Facebook and NBCUniversal to at least pick up Quibi’s content, to no success. – Chaim Gartenberg, The Verge » https://ift.tt/2TggaHy