Jeffrey Katzenberg. Daniel Boczarski/Getty Images for Quibi Quibi, the mobile-video startup that raised $1.75 billion from backers like Alibaba Group, JPMorgan Chase, and Disney, is folding six months after debuting its subscription service. The Jeffrey Katzenberg-founded startup said in a statement that its demise was likely caused by a combination […]
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Quibi’s failure comes back to its content, Katzenberg’s close control
Quibi, the mobile-video startup that raised $1.75 billion from backers like Alibaba Group, JPMorgan Chase, and Disney, is folding six months after debuting its subscription service. The Jeffrey Katzenberg-founded startup said in a statement that its demise was likely caused by a combination of an idea that wasn’t strong enough […]