Eric Deggans

Updated at 7:52 p.m. ET

Quibi, the mobile-first streaming service to specialize in original shows with short five to 10-minute-long episodes, is shutting down its business operations and selling its assets little more than 6 months after launching, according to a statement released by the company.

It was an abrupt ending for a company founded by big names in entertainment and business worlds and seemed poised, at one point, to reinvent the streaming TV game.

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When the real world is as crazy as five Saturday Night Live skits, the bar raises to an absurd height for the quality of satire you need to make sense of it all.

Which explains, in part, why SNL's 46th season opener last night felt so flat and uninspired. After the kind of week President Trump had in real life – contracting the coronavirus and getting airlifted to a hospital days after making fun of opponent Joe Biden for wearing a mask – there wasn't much Alec Baldwin could do to top that.

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