Australia’s Dendy launches VOD service

Australian exhibitor Dendy’s streaming service, Dendy Direct, launched yesterday (August 6) with product from studios including 20th Century Fox and Walt Disney Co. The transactional video-on-demand (TVOD) service is in talks with other US studios and also has content from local companies ABC Commercial, Beyond Home Entertainment and all the leading independent distributors.

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Nine takes 8% stake in Quickflix

Australian broadcaster Nine Entertainment Co (NEC) has acquired HBO’s 8% stake in local DVD rental and VOD operator Quickflix. NEC is understood to have paid just under $1m for all of HBO’s redeemable preference shares in Quickflix. Simon Kelly, NEC’s chief operating officer, told The Australian that the shares were an opportunistic financial investment and declined to comment on whether

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