Qplay internet video service to shut down less than 6 months after launch

Qplay may have pedigreed founders (creators of TiVo) but that doesn’t mean it will become successful. That is why the internet video service is shutting down this July 25, which is less than six months since it was launched. Qplay did not specify why they decided to close shop but they say it is not possible for them to keep developing and running the service. One can't help but recall VDIO, which was RDIO's streaming video company that seems to have suffered the same fate as Qplay, closing down while still in its beta phase. 

Source: The Next Web