Struggling Australian subscription on-demand service Quickflix has had its shares suspended from the country’s stock exchange. The firm has failed to pay its annual listing fees on the Australian Securities Exchange and was therefore one of the companies blocked from trading. Quickflix went into administration in April in the face of stiff competition from Netflix, […]
Seven West Media is set to pull out of its joint venture subscription video-on-demand platform Presto, according to local reports. Rather than agreeing a full financial year agreement for the service with JV partner Foxtel, Seven Network’s parent reportedly has opted for a six month budget. The Australian reports Presto is under “extreme pressure” from […]
Australian psychological drama Wolf Creek is heading to US cable channel Pop. Pop has licensed the one-hour drama from Lionsgate, which in turn has sublicensed distribution rights in Latin and North America from Zodiak Rights. Pop is a joint venture of Lionsgate and US broadcaster CBS focusing on entertainment, drama and unscripted formats. It will […]
Stan has taken the exclusive rights to the upcoming season of Sherlock, meaning the latest instalment of the BBC drama series will launch on the streaming service in Australia. Stan, which is backed by commercial broadcaster Nine Network and media company Fairfax, also has exclusive streaming rights to previous Sherlock seasons and specials, validating its […]
Fox UK has bought Wolf Creek, the Australian series based on the eponymous horror movie series. The deal hands Fox the UK rights to the six-part series, and the pay TV channel will launch it on August 30, in a 10pm slot. Wolf Creek is distributed by Zodiak Rights, which struck the deal. It follows […]
Use of VOD and SVOD in Australia will increase sharply with Netflix spurring much of the growth, according to new research. By the end of the year two thirds of Australians over 16 who have an internet connection will be accessing VOD services. Nielsen says 67% will be watching OTT video by end-2016, compared with […]
Embattled Australian subscription on-demand service Quickflix has entered into administration. The Australian Securities Exchange-listed company has appointed partners from Ferrier Hodgson as voluntary administrators, though trading continues as usual. Quickflix’s New Zealand arm is not included in the administration process. Quickflix said it had taken the move as its struggled to raise new capital due […]
Australian pay TV giant Foxtel is reported to be planning to launch a streaming device that would offer free and paid-for services. Billed by the Australian Financial Review as an “Apple TV-style streaming device”, the product could potentially offer Foxtel’s online streaming service Foxtel Play. The device would compete with Telstra TV, a television set […]
Australian subscription on-demand service Stan has scored exclusive streaming rights to programming from premium US cable channel Showtime. The agreement began this week with the launch of Billions, and will ultimately run to hundreds of hours, and includes granting Stan the exclusive license to use the Showtime brand in Australia. A highlight will be the […]
Australian subscriptions to streaming services like Netflix, Presto and Stan will grow by a factor of 17 between the end of 2014 and the end of 2019, according to new research. The new Ovum study claims that subscription video-on-demand services have grown rapidly in Australia since Netflix moved into the market in May, with competition […]
