Quibi reportedly considering shutting down less than 7 months after launch

Quibi CEO Meg Whitman speaks about the short-form video streaming service for mobile Quibi during a keynote address January 8, 2020 at the 2020 Consumer Electronics Show (CES) in Las Vegas, N
(Image credit: ROBYN BECK/AFP via Getty Images)

The ill-fated streaming service Quibi may already be shutting down.

Quibi Holdings LLC "is considering shutting itself down," The Wall Street Journal reported on Wednesday. The company has reportedly hired a restructuring firm, which presented the board with "a list of options that included shutting the company down," the Journal says.

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Brendan Morrow

Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.