Business
Streaming service Quibi scuttled after only six months – NEWS.com.au
Streaming service Quibi scuttled after only six months

After only six months in operation, the much vaunted $2.4 billion ($US1.8 billion) streaming service Quibi is calling it quits.According to the Wall Street Journal, co-founder Jeffrey Katzenberg called investors to tell them the service is shutting down. The report said Katzenberg and Whitman made the decision to scuttle Quibi and return what money they could to investors rather than prolong the inevitable.
The quick death of Quibi will go down as one of the most high-profile and embarrassing corporate…
-
Noosa News22 hours ago
Ensure voices are heard – Proctor
-
Business19 hours ago
Up 34% this year, can Challenger shares keep rising according to Macquarie?
-
Noosa News23 hours ago
City of Moreton Bay claims homeless people consented to having camps thrown away
-
General23 hours ago
Reserve Bank board still looking for yesterday’s news