The short-form streaming platform is looking to add to $1bn already raised from investors including Disney, Warner Bros, Entertainment One, Alibaba and Sony Pictures Entertainment.

Quibi, the video streaming startup backed by entertainment and media groups Walt Disney, Warner Bros and Entertainment One, is seeking an additional $1bn in funding, The Information reported yesterday. Founded as New TV, Quibi is putting together an online streaming platform that will provide short-form content designed to be viewed on mobile devices. It plans…

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