Presto to shut down; Quickflix sold to US investor
Australia’s streaming sector went through a major contraction this week with the announcement that Presto will close in January, while Quickflix has been sold to a US investor.
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Streaming overtakes pay-TV in Australia
Australia now has more people paying for streaming services, such as Netflix, Stan and Presto, than for conventional pay-TV, according to a new report from Roy Morgan Research.
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