Jeffrey Katzenberg demonstrates Quibi's Turnstyle technology at Sundance 2020 on January 24, 2020 in Park City, Utah. Photo: AFP
Jeffrey Katzenberg demonstrates Quibi's Turnstyle technology at Sundance 2020 on January 24, 2020 in Park City, Utah. Photo: AFP

Jeffrey Katzenberg’s Quibi will close down in one of Hollywood’s biggest flops

  • The swift demise represents one of the entertainment industry’s most dramatic flops
  • Quibi was backed by money from giants of media and finance, including Walt Disney

Topic |   Social media
Jeffrey Katzenberg demonstrates Quibi's Turnstyle technology at Sundance 2020 on January 24, 2020 in Park City, Utah. Photo: AFP
Jeffrey Katzenberg demonstrates Quibi's Turnstyle technology at Sundance 2020 on January 24, 2020 in Park City, Utah. Photo: AFP
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