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Quibi Quits: Streaming service folds after just six months

2020-10-22 02:00:00| Total Telecom industry news

In what is being described by some as the first big failure of the streaming era, Quibi announced yesterday that it is closing down.   The streaming service, which focussed on delivering short-form quick bites (or ‘Quibis’) in under 10 minutes, was the brain child of Disney’s chairman Jeffrey Katzenberg, who managed to raise a staggering $1.75 billion in funding since its conception in 2018. Launched back in April this year…read more on TotalTele.com »

Tags: service months six streaming

 

Lumina Networks folds as operators shy away from open source

2020-08-19 02:00:00| Total Telecom industry news

When considering the telecoms industry through the lens of the coronavirus pandemic, many have commented on the industry’s resilience. With networks holding up well under the pressure of work from home, you could be forgiven for thinking that the industry would perform well under the strain of the pandemic.   However, the reality of the economic impact of the coronavirus on the telecoms industry is only slowly becoming apparent…read more on TotalTele.com »

Tags: open source networks operators

 
 

AT&T folds Xandr into WarnerMedia

2020-04-30 18:00:40| Digital TV News

AT&T has announced that WarnerMedia and Xandr are combining to create a unified advertising proposition. Xandr will continue to offer advanced media and technology solutions, including addressable video.

Tags: att folds

 

Triumph Furniture of Merthyr Tydfil folds with 252 job losses

2019-10-08 18:38:23| BBC News | Business | UK Edition

The family-run business, established in 1946, supplied more than 600 furniture resellers.

Tags: job furniture losses triumph

 

Sonia Rykiel fashion label folds

2019-07-25 18:12:31| BBC News | Business | UK Edition

The French fashion house famous for its striped sweaters has gone into liquidation.

Tags: fashion label sonia folds

 

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