NEW YORK and LOS ANGELES, Sept. 15, 2021 (GLOBE NEWSWIRE) -- eko, an interactive enterta...

Eko and Quibi Settle Litigation – GlobeNewswire

NEW YORK and LOS ANGELES, Sept. 15, 2021 (GLOBE NEWSWIRE) -- eko, an interactive entertainment and technology company, and QBI Holdings, LLC, the successor to the shut down mobile entertainment app, Quibi, announced today that they have agreed to dismiss all of their disputes with each other. The parties also announced that as part of the resolution, Quibi (through its successors QBI Holdings, LLC and New QBI, LLC) will transfer the Turnstyle IP and technology to eko. “We are satisfied with the outcome of this litigation, and proud of the independently created contributions of Quibi and its engineering team to …

 

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