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Short video service Quibi gives up after 7 months

2020-10-22 08:25:00| Telecompaper Headlines

(Telecompaper) The short video streaming service Quibi has announced plans to shut down the service, just over seven months after its launch. The combination of the coronavirus pandemic, which pushed viewers towards longer form content for home viewing, and an unsuccessful business plan means an end to the 'quick bites' service started by former Disney executive Jeffrey Katzenberg and the former HP and eBay CEO Meg Whitman. 

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