Quibi

One of its ventures was Quibi (formerly NewTV), a start-up focusing on short-form videos for mobile devices. The app was launched in April 2020. It struggled, however, and in October it was announced that Quibi was shutting down.

…CEO of NewTV (later named Quibi), a media start-up that focused on short-form videos for mobile devices; it was created by Jeffrey Katzenberg. The app was launched in April 2020. It struggled, however, and in October it was announced that Quibi was ceasing operations.