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.
Read moreAustralia’s Quickflix enters administration
Australia’s brutally competitive streaming wars have claimed another victim, with Perth-based Quickflix announcing that it has entered voluntary administration.
Read moreIs Netflix serving Australia sizzle or sausage?
Advertising from local competitors aside, Netflix appears to be dominating Australia’s VOD market just six months after launch.
Read moreEzyFlix becomes first Netflix casualty in Australia
Australia’s EzyFlix has ceased operations, becoming the first indigenous streaming service to close since global giant Netflix entered the market in March.
Read moreNetflix heading for Australia
Netflix is understood to be planning a launch in Australia and New Zealand in 2015, with two acquisitions executives visiting Sydney next week to meet local content owners. Village Roadshow CEO Graham Burke recently confirmed that the Australian studio is in talks to sell content to Netflix. In an interview with tech website CNet, Burke said “it is pretty widely
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