Finally, some good news for Quibi

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Finally, some good news for Quibi

Quibi’s zombie may finally be able to rest its weary head. The company’s successor has settled an ongoing feud with eternal thorn-in-its-side Eko.

Eko, an interactive video company, and Quibi’s successor QBI Holdings announced today that they’d reached a settlement in the legal battle over Quibi’s perspective-shifting Turnstyle feature, which Eko alleged the streaming service had swiped from its own proprietary video technology. Both companies have agreed to dismiss their legal action against one another, and Quibi will hand over both the video technology and Turnstyle IP to Eko as part of their agreement.

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“This result will help ensure that Eko remains the undisputed leader in interactive storytelling technology,” Eko boss Yoni Bloch said in a statement.

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