Jeffrey Katzenberg’s Quibi Calls Quits
Quibi spent more than $60 million just on advertising in its short run. Quibi, Jeffrey Katzenberg’s bid to get in on the live streaming market, has failed. It sputtered after a little more than six months squandering an estimated $2 billion in investments. According to Variety Quibi’s investors included Disney, NBCUniversal, Viacom, Sony Pictures Entertainment, […]
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