Thursday Sep 24, 2020

businessinsider.com

Who would buy Quibi? Industry experts see

a few potential

acquirers, but say it's a tough sell.

Summary List Placement Five months after launching its subscription platform, the mobile-video startup Quibi is mulling…
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By Ashley Rodriguez
businessinsider.com

Summary List Placement Five months after launching its subscription platform, the mobile-video startup Quibi is mulling a possible sale, The Wall Street Journal reported this week. It's one of a few strategic options that the company, which raised $1.75 billion from investors and secured $150 million in ad commitments ahead of its launch, is said to be considering. It's also exploring raising more money from private investors, or going public through a merger special-purpose acquisition company,....

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