Video service Quibi exploring ‘strategic options’ including possible sale

Recently launched streaming service Quibi is reportedly exploring “strategic options,” including the possibility of a sale, as it struggles to hit initial subscriber targets.Credit: QuibiThe short-form video service, started by Hollywood mogul Jeffrey Katzenberg, first launched in April. Since then, however, the service has reportedly struggled to bring in subscribers in a crowded market.Read more…
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