Quibi will shut down ‘on or around’ December 1st

Illustration by Alex Castro / The Verge

Quibi will shut down for good “on or around December 1st,” according to a new blog posted on the company’s support site. The announcement comes one day after company executives declared Quibi was shutting down for good.

It’s unclear where Quibi’s content will be available after the app shuts down. The company does recommend, however, following the Quibi hashtag on Twitter for any news about its library catalog. Earlier today, co-founder Jeffrey Katzenberg told CNBC the company is currently trying to find buyers for its shows. It’s unclear how many of those shows Quibi owns the rights to, or for how long, but Katzenberg said he believes there are interested parties.

Quibi’s executives are currently in the process of trying to wind down…

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via The Verge – All Posts

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