The 5 Biggest Streaming Failures Of All Time

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Companies like Netflix have amassed tens of billions in revenue while more and more consumers are cutting the cord. 

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Although Netflix is seen as the industry’s posterchild, many have tried to replicate its success – and failed colossally.

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Here are the 5 biggest failures the world of streaming has seen thus far. 

canva

Quibi focused on short-form mobile content. After raising close to $2 billion in funding, the founders shut it down just 6 months after launch.

QUIBI

canva

CNN+

News channel CNN invested over $300 million to launch its streaming service, which folded less then a month after the unveiling.

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MACHINIMA

Machinima was a content creation network on YouTube. Warner Bros. bought it for $100 million in 2016 but shut it down a mere 3 years later.

Hooq aimed to become the Netflix of Southeast Asia. Investors lost over $130 million when the service closed after 5 years (2020).

HOOQ

GOOGLE PLAY STORE

SEESO

Seeso was a streaming platform focused on comedy content. At its peak, it had 300,000 paying subscribers. NBCUniversal shut it down after investing $60 million.

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