Quibi explores strategic options, including possible sale

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Streaming service Quibi is exploring several strategic options, including a possible sale, according to people familiar with the situation, as the company founded by Hollywood mogul Jeffrey Katzenberg struggles to gain subscribers in a competitive video market in line.

Quibi, which launched its mobile-focused short video service in April, is also considering raising more money or going public through a merger with a special purpose acquisition company, or PSPC, essentially a blank check company that helps fund transactions. , …

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