Short-form streaming platform Quibi in advanced talks to sell catalog content to Roku

According to a report from the Wall Street Journal citing sources familiar with the matter at hand, Quibi is in advanced talks to sell its content catalog to video-streaming device maker Roku Inc following the streaming service provider winding down its operations. Los Angeles-based Quibi, which offered entertainment and news in episodes of 10 minutes…

Mobile streaming service Quibi exploring strategic options to raise funds

According to a report from the Wall Street Journal, Quibi, the streaming service founded by former Disney executive Jeffrey Katzenberg, is exploring strategic options including a possible sale, a funding round or going public through a merger with a special purpose acquisition company. When asked to comment, Quibi said it does not comment on rumor…