Quibi CEO: Shutting down operations was most honorable choice for shareholders

Quibi is shutting down just six months after launching its short-form video service. Founder Jeffery Katzenberg and CEO Meg Whitman join CNBC's "Squawk Alley" to discuss what happened and why the company is choosing to shutter its operations.
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Thu, Oct 22 202011:41 AM EDT