Quibi Is Shutting Down Barely Six Months After Going Live https://www.wsj.com/articles/quibi-weighs-shutting-down-as-problems-mount-11603301946
wsj.com
author
Benjamin Mullin, Joe Flint, Maureen Farrell
summary
Founder Jeffrey Katzenberg and Chief Executive Meg Whitman decided to shut down the company in an effort to return as much capital to investors as possible instead of trying to prolong the life of the company and risk losing more money.
