Upstart Streaming Service Quibi to Shut Down

Streaming start-up Quibi made a splash when it launched in April 2020, providing a distinct alternative to most other streaming services; not only was the company exclusively producing in-house content (as opposed to services that collect back catalogues) but it was mobile-exclusive, designed with quick viewing in mind. Unfortunately for founder Jeffrey Katzenberg, the high-flying app is in for a crash landing, the Wall Street Journal reports.According to sources, Katzenberg recently told invest...