On Wednesday afternoon, Jeffrey Katzenberg donned a suit and tie and joined an emotional video conference with the staff of Quibi from his Bel Air home.
Together with Quibi CEO Meg Whitman, he confirmed the news that had been swirling for the past few hours: Their 6-month-old mobile video service would be shutting down after struggling to attract an audience for its shortform entertainment programming.
Read more on hollywoodreporter.com
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