Quibi is officially shutting down after just six months, and it sounds like the company went out on a fittingly bizarre note.
On Wednesday, the short-form streaming service announced it's already shutting down after launching in April, and according to The Wall Street Journal, "employees will be laid off and will be paid a severance." But the Journal's report also includes the odd detail that when founder Jeffrey Katzenberg discussed the news on a video call with employees, he apparently "suggested Quibi staffers listen to the song 'Get Back Up Again,' sung by actress Anna Kendrick in the animated film Trolls to buoy their spirits."
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
What could bring the US Steel-Nippon Steel merger back to life?Today's Big Question President Trump opposed the deal. But he could be flexible.
-
'Orange juice also is facing a grander existential problem'Instant Opinion Opinion, comment and editorials of the day
-
5 of the scariest spiders in existenceThe Explainer These creepy crawlers can be deadly
-
Beyoncé, Kendrick Lamar take top GrammysSpeed Read Beyoncé took home album of the year for 'Cowboy Carter' and Kendrick Lamar's diss track 'Not Like Us' won five awards
-
The Louvre is giving 'Mona Lisa' her own roomSpeed Read The world's most-visited art museum is getting a major renovation
-
Honda and Nissan in merger talksSpeed Read The companies are currently Japan's second and third-biggest automakers, respectively
-
Taylor Swift wraps up record-shattering Eras tourSpeed Read The pop star finally ended her long-running tour in Vancouver, Canada
-
Drake claims illegal boosting, defamationSpeed Read The rapper accused Universal Music of boosting Kendrick Lamar's diss track and said UMG allowed him to be falsely accused of pedophilia
-
'Wicked' and 'Gladiator II' ignite holiday box officeSpeed Read The combination of the two movies revitalized a struggling box office
-
Jussie Smollet conviction overturned on appealSpeed Read The Illinois Supreme Court overturned the actor's conviction on charges of staging a racist and homophobic attack against himself in 2019
-
Quincy Jones, music icon, is dead at 91Speed Read The legendary producer is perhaps best known as the architect behind Michael Jackson's 'Thriller'
