Streaming Service Quibi Shuts Down After Just 6 Months

Quibi, a streaming service for short videos, faced challenges after its launch. Despite raising $1.75 billion and securing top entertainment names, it struggled due to the pandemic's timing. The service was designed for mobile viewing on the go, but the pandemic kept people at home, impacting its success.

What did top executives say about Quibi's performance after its launch?

• It was a huge success.

• It exceeded expectations.

• It was moderately successful.

• It was not succeeding.

What was Quibi designed for?

• Viewing short videos on phones while away from home.

• Reading e-books during travel.

• Streaming music on the go.

• Watching long movies at home.

What major event coincided with Quibi's launch?

• The World Cup.

• The Olympic Games.

• The start of the pandemic in the US.

• The US presidential election.

How much money did Quibi raise from investors?

• $500 million

• $1 billion

• $1.75 billion

• $2 billion

Which of the following celebrities was involved with Quibi?

• Meryl Streep

• Jennifer Lopez

• Tom Hanks

• Leonardo DiCaprio