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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Netflix 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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