Roku is in talks to buy the content catalog of Quibi, a short-form video streaming service that was founded by movie industry veteran Jeffrey Katzenberg just last year. According to a Wall Street Journal report, which did not point to a potential deal price, the acquisition could give the Roku Channel exclusive access to Quibi’s content library.
Quibi never really gained traction since its hyped launch last April, even though Katzenberg raised nearly $2 billion before its release. The platform announced it was winding down its operations just six months later, but it appears that Roku, which sells the most popular streaming device in America, is down to offering Quibi’s shows a second chance. Some of Quibi’s shows featured major Hollywood A-listers such as ‘Game of Thrones’ star Sophie Turner, ‘Pitch Perfect’ actress Anna Kendrick and Liam Hemsworth (who wouldn’t want to tune in to watch a Hemsworth brother on screen?).