A day after announcing its intention to shut down its streaming service, Quibi told its customers on Thursday that it expects the service to be “on or off” on December 1.
“Qibi has made a difficult decision to come down. We expect the service to end streaming on or around December 1, 2020, ”the company said in the customer support section of its website.
“We appreciate the support we have received from our customers and thank you for giving us the opportunity to entertain you,” the company added, adding that customers (for now) still have access to customer support on HelpQQB.com. Can.
The soon-to-be-oiled mobile-only streaming experiment, led by former Disney and DreamWorks executive Jeffrey Katzenberg and eBay Bay CEO Mag Whitman, also revealed that dozens of original titles available on its platform – whose license Beware of talent and media companies – haven’t found a home yet. It remains uncertain if programming will be made available elsewhere.
Less than a year into operation
Some of his programming includes “Flipped” starring Caitlin Olson and Will Fortry, which is “Renault 911!” Rev revival, which retained its original cast, and “Die Heart”, a series of funman Kevin Hart, saw the actor on a mission to land an undeniable lifetime action role for the role and soon to face a leading action movie director.
Speaking of the future of Qibi’s content, the customer service site said, “We recommend following #Qubi on Twitter for any content-related news.”
Qibi represents 10% less subscribers after free trial: report
According to Hollywood Hollywood’s business publication, Variety, many of Quebec’s content partners are trying to find new homes for their projects. CBS Studios is said to be working hard to buy its Liam Hemsworth-led action series “Most Dangerous Game” which saw a short form Emmy nomination. The show has seemed a bit unfocused in recent episodes, however;
Quibee explores strategy options involving potential sales
Quibi raised about 1. 1.75 million to start its service and said Wednesday it would try to sell any materials and technology assets while the remaining cash would be returned to its investors, including a wide range of Hollywood giants. Film studios, TV companies, technology companies and banks.
In an open letter to employees and investors, Whitman and Katzenberg said that while the epidemic played a factor in the company’s lack of success, “the circumstances of launching during the epidemic are something we could not have imagined but other businesses have faced these unprecedented challenges. We have to find a way .We could not do that. “
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