As per a report published by The Wall Street Journal, Quibi is in talks with Roku to sell its content library. Quibi announced its plans to shut down operations in October 2020 as the service failed to attract viewers.
Quibi was launched on April 6, 2020 as a quick bite streaming service with 10-minute programs. Founded by Jeffrey Katzenberg, Quibi was originally designed for viewing on mobile phones. Later, the Quibi app added Chromecast and AirPlay support in its latest versions for viewing on large screens.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.