Have you heard of a streaming service that launched earlier this year that no one had? Well, my guess is the answer to that question is no because the streaming service Quibi announced today that it would be shutting down after 6 months of being in business.
Quibi had plenty of content like…..hold on I have to Google this because I literally have no idea. (pause) The Reno 911 reboot and some other things that no one watched because you could not stream the service on a smart television or Roku.
Even launching when Americans would be at home due to Coronavirus outbreaks would not be enough to save the company. Over 2 billion dollars was invested into the company by Hollywood but just never worked among viewers.