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Quickflix - News, Features, and Slideshows
Movie and TV streaming service, Quickflix, has blown out its full year loss to more than $10 million after ramping up spending to attract new customers.
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 Computerworld Australia.