Quibi can’t catch a break, even after becoming a two-time Emmy-winner.
Less than six months after Jeffrey Katzenberg and Meg Whitman launched their short-form video streaming startup, the company’s drama “#FreeRayshawn” nabbed acting trophies for stars Laurence Fishburne and Jasmine Cephas Jones.
The accolades from the Television Academy apparently didn’t impress Emmys host Jimmy Kimmel. The ABC late-night comic quipped during the Sunday night broadcast that the newcomer had “10 Emmy nominations this year, including outstanding short form comedy or drama and dumbest thing to ever cost a billion dollars.”
Then, the next morning, the media, tech and entertainment industries were buzzing with reports that Quibi has engaged JPMorgan Chase & Co. to help the company review a range of strategic options, including a possible sale, according to two people familiar with the matter who were not authorized to comment. The Wall Street Journal first reported that Quibi was considering