Quibi — the short form video app streaming service — may be forced to shut down after six months, The Wall Street Journal reports.

A restructuring firm has been hired to offer a list of options for the company’s future.

  • One of the options include shutting down the company entirely.
Quibi is available now. Here are the details and small reviews for you

Unnamed sources told Variety that Quibi will have internal meetings Wednesday to discuss the future of the project,

  • The Information reported that Katzenberg “told people in the industry that he may have to shut down the company.”
Quibi, TikTok and the impact of short-form video

More on Quibi

Quibi made its debut on Monday, April 6, joining the streaming services war. The shows were different than most since they were broken into smaller parts. So instead of an hour-long drama, the show could offer five, eight-minute episodes.

Shows that launched with the service include “I Promise,” which offered a look at LeBron James’ school for underprivileged students. “Chrissy Court” was a fun show like “Judge Judy” starring Chrissy Teigen. And there was even a reboot of “Punk’d.”