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Quickflix - News, Features, and Slideshows
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 Computerworld Australia.
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.
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