Quibi, the streaming platform that creator Jeffrey Katzenberg said would revolutionize the media landscape, is shutting down operations after only six months. The Wall Street Journal reports that the platform, which featured short programs geared towards mobile smartphones, just never took off in the already crowded streaming market. Buh bye, Quibi, we hardly knew ya. […]
Quibi, the much-hyped, but for now, “mobile only” streaming service, launched Monday with its line-up of original movies and shows. Founder and movie mogul Jeffrey Katzenberg has maintained that delivering premium content in shorter-than-ten-minutes episodes – hence Quibi’s name, a play on “quick bites” – will set it apart from other video-on-demand providers like Netflix […]