Quickflix to resell Foxtel's 'Presto' service
ASX-listed video streaming and DVD rental company Quickflix has struck an agreement with Foxtel under which Foxtel's Presto streaming service will be available through Quickflix.
ASX-listed video streaming and DVD rental company Quickflix has struck an agreement with Foxtel under which Foxtel's Presto streaming service will be available through Quickflix.
Early adoption of the Stan video streaming service has "exceeded expectations," Fairfax CEO Greg Hywood said today.
The imminent arrival of Netflix in Australia could give heart palpitations to the Australian media companies, according to an Australian analyst.
In what could be a pre-emptive strike against Netflix, Foxtel has halved the price of its subscription video streaming service to $9.99 per month, Presto.
Online and DVD rental company Quickflix (ASX: QFX) has reported a 4 per cent increase in paying customers to 102,248 following the launch of streaming services on consoles including the Sony PlayStation 4 during December 2013.
Quickflix and AAPT have signed an agreement to allow Quickflix to scale its movie and TV streaming in Australia and New Zealand.
Netflix could shake up the Australian video streaming market if it ever chooses to enter, analysts told <I>Computerworld Australia</I>.
Paying customers at online and DVD rental company Quickflix dropped 5 per cent to 113,036 in the March quarter.
Quickflix has received around $1.7 million in equity funding from Crede Capital and has begun a drawdown of loan funds from Gleneagle Securities, receiving around $860,000 of the first $1.5 million tranche.
Quickflix's revenue increased 32.8 per cent in the half year to December 2012 to $9.8 million, driven by an increase in the average monthly number of paying customers.
Quickflix has signed an agreement with LG to distribute Quickflix’s digital service through LG televisions and Blu-Ray players in Australia and New Zealand.
Late last year, online movie and DVD rental service, Quickflix, found itself in a sticky financial situation and entered a trading halt, pending an announcement about a capital raising.
Exetel will offer unmetered streaming of TV and movie programs provided by Quickflix to its customers next year.
Online movie rental company Quickflix (ASX:QFX) has taken a further stride towards the establishment of its streaming subscription service, securing content deals with some major Hollywood studios.
Online movie rental company Quickflix (ASX:QFX) has signed a deal to provide its streaming service on Sony's PlayStation Network.