Now operating post mortem as “QBI Holdings LLC,” movie mogul Jeffrey Katzenberg’s failed mobile streaming venture announced Wednesday a settlement with Israeli technology company Eko for undisclosed terms.
A federal judge says there’s “sufficient good cause” to hear plaintiff Eko’s request for an injection on May 4 instead of June 29.
Digital video company Eko hit back against Quibi on Tuesday, accusing the upcoming mobile-only streaming app of infringing on its patented technology and misappropriating trade secrets. The Israeli company is essentially looking to bar Quibi, set to debut next month, from using video technology that underpins how viewers watch its shows.
