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1. • • UPDATED: Quibi, the struggling short-form mobile video startup led by founder Jeffrey Katzenberg and CEO Meg Whitman, is shutting down just six months post-launch after the company failed to find a buyer, according to a new report. [Later Wednesday. Quibi confirmed the plan to wind down operations and seek to sell its assets.]
     variety.com › 2020 › digital

     Quibi Is Shutting Down After Failing to Find a Buyer - Variety

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   Why did Quibi shut down?

   • The company, led by founder Jeffrey Katzenberg and CEO Meg Whitman, confirmed that it intends “to wind down its business operations and initiate a process to sell its assets.” The shutdown comes just a little over six months after Quibi launched in April, at the front end of the COVID pandemic’s sweep across the U.S.

   Quibi Confirms Shutdown, Jeffrey Katzenberg Startup Will Shop Assets

   variety.com/2020/digital/news/quibi-confirms-shutdown-jeffrey-katzenberg-meg-whitman-1234812643/

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   What happened to Kate Whitman's 'Quibi' service?

   • But the service, called Quibi, premiered this past spring to crickets and jeers. Over the summer, Whitman talked her team through a retooling plan and acted as though she planned to remain in L.A. for a good, long while. But in early August, less than two years after she bought the Sierra Towers condo, she put it back on the market.

   What Went Wrong at Quibi? Jeffrey Katzenberg, Meg Whitman, and Self

   www.bloomberg.com/news/features/2020-11-11/what-went-wrong-at-quibi-jeffrey-katzenberg-meg-whitman-and-self-sabotage

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   Why did Katzenberg & Whitman fail?

   • Katzenberg and Whitman posted an open letter on Medium to “the employees, investors, and partners who believed in Quibi and made this business possible.” “Our failure was not for lack of trying; we’ve considered and exhausted every option available to us,” the two execs wrote.

   Quibi Confirms Shutdown, Jeffrey Katzenberg Startup Will Shop Assets

   variety.com/2020/digital/news/quibi-confirms-shutdown-jeffrey-katzenberg-meg-whitman-1234812643/

   See all results for this question

   Who backed Quibi as a tech startup?

   • Katzenberg bet on Whitman, who lacked startup experience, to legitimize Quibi as a tech startup. Whitman hired experienced lieutenants, luring Chief Technology Officer Rob Post away from Hulu and head of product Tricia Lee from Sony. She and Katzenberg also brokered a deal to bundle a year of Quibi with T-Mobile’s unlimited wireless plans.

   What Went Wrong at Quibi? Jeffrey Katzenberg, Meg Whitman, and Self

   www.bloomberg.com/news/features/2020-11-11/what-went-wrong-at-quibi-jeffrey-katzenberg-meg-whitman-and-self-sabotage

   See all results for this question

3. www.bloomberg.com › news › featuresWhat Went Wrong at Quibi? Jeffrey Katzenberg, Meg Whitman ...

   www.bloomberg.com › news › features

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   Nov 11, 2020 · Quibi Leaders’ $1.7 Billion Failure Is a Story of Self-Sabotage. Jeffrey Katzenberg and Meg Whitman are phenomenally successful businesspeople with precisely the wrong instincts for a...

4. www.theguardian.com › tv-and-radio › 2020The fall of Quibi: how did a starry $1.75bn Netflix rival ...

   www.theguardian.com › tv-and-radio › 2020

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   Jun 29, 2020 · The service, the brainchild of the DreamWorks Animation co-founder Jeffrey Katzenberg and the former Hewlett-Packard CEO Meg Whitman – two billionaires deeply entrenched in the Hollywood and...

5. Videos

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     4:12

     youtube.com

     What Is Quibi? - BBC Click

     Jan 13, 2020

     45.9K Views

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     9:56

     youtube.com

     Watch CNBC's full interview with Quibi CEO Meg Whitman and Quibi founder Jeff Katzenberg

     Jun 19, 2019

     4.8K Views

   • 

     pcmag.com

     What Is Quibi? Everything You Need to Know About the 'Quick Bite' Streaming Service

     Mar 22, 2020

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6. www.pcmag.com › news › quibi-shutting-down-after-sixQuibi Is Shutting Down After 6 Disappointing Months | PCMag

   www.pcmag.com › news › quibi-shutting-down-after-six

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   Oct 21, 2020 · 'Quibi is not succeeding,' Founder Jeffery Katzenberg and CEO Meg Whitman acknowledged today. By Michael Kan. October 21, 2020. (We hardly knew ye...) UPDATE: Quibi has made it official:...

   • Occupation: Senior Reporter

7. www.businessinsider.com › back-story-what-happenedBack Story What Happened to Failed Hollywood App Quibi

   www.businessinsider.com › back-story-what-happened

   • Cached

   Oct 26, 2020 · Tech. How Hollywood app Quibi collapsed after raising $1.75 billion in one of the biggest business flops ever. Rob Price , Meghan Morris, and Becky Peterson. Oct 26, 2020, 4:50 AM PDT. Quibi...

8. deadline.com › 2020 › 10Quibi Shutdown: Jeffrey Katzenberg & Meg Whitman ... - Deadline

   deadline.com › 2020 › 10

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   By Dominic Patten. October 21, 2020 3:24pm. Jeffrey Katzenberg, Meg Whitman Mega; AP. EXCLUSIVE: “There was no question that keeping us going was not going to have a different outcome, it was...

9. variety.com › 2020 › digitalQuibi Confirms Shutdown, Jeffrey Katzenberg Startup Will Shop ...

   variety.com › 2020 › digital

   • Cached

   Oct 21, 2020 · It’s officially the end of the road for Quibi — a quick end for the quick-bite video startup. The company, led by founder Jeffrey Katzenberg and CEO Meg Whitman, confirmed that it intends...

10. variety.com › 2020 › digitalQuibi Is Shutting Down After Failing to Find a Buyer - Variety

    variety.com › 2020 › digital

    • Cached

    Oct 21, 2020 · UPDATED: Quibi, the struggling short-form mobile video startup led by founder Jeffrey Katzenberg and CEO Meg Whitman, is shutting down just six months post-launch after the company failed to...