From TV Tonight: “Perth-based SVOD and DVD rental company Quickflix has gone into voluntary administration, after negotiations with Stan failed to reach an agreement.”
No surprise I guess.
Pretty sure they were struggling even without the Netflix/STAN/Presto competition. A complete mess
From Lifehacker: “…at every step, Nine, wanting to protect Stan, made it hard to do anything.”
Administrator Ferrier Hodgson has put an ad in today’s Australian Financial Review seeking expression of interest for Quickflix: article
US media entrepreneur Erik Pence has emerged as the new owner of Quickflix, after paying its administrators just $1.3 million for the streaming and subscription service.