Jeffrey Katzenberg's Quibi Settles Legal Spat With Eko, Transfers Mobile-Video Tech to Eko - NewsBreak

Quibi — Jeffrey Katzenberg's short-lived, short-form premium video startup — shut its doors nearly a year ago. But it has lived on as holding company because of a legal battle with interactive-video firm Eko, which alleged Quibi stole trade secrets and infringed Eko patents. Now the companies have buried the hatchet: Eko and QBI Holdings LLC announced that they have agreed to dismiss all of their legal claims against each other. Under the terms of the settlement, QBI Holdings (formed after the Quibi programming assets were sold to Roku and the Quibi app was shut down) will transfer the intellectual property and...