The New York Times reports that Roku and the recently discontinued Quibi have struck an agreement that will see the former purchasing the rights to the latter's original content library.
Quibi, the short-form streaming service, launched earlier this year. But it's been a rocky last few months for the company, and there may be no turning things around.
Quibi, short for "quick bites" of content, launched with a mobile-only focus earlier this year. However, that hasn't really worked out for the streaming service up to this point.
Remember Quibi? The "revolutionary" streaming service that launched in April of this year? Well, six months later things aren't going as well as planned.
Quibi for iPhone now supports wireless streaming to Google Chromecast-based devices.
Back in January we reported that Quibi, short for "quick bites" of content, was going to launch in early April. And, indeed, the newest streaming service designed specifically for your phone is available, and initial first week numbers seem promising enough.
There are already plenty of streaming services out there, but we've got more on the way. Take Quibi for example, which has just announced launch and pricing information.