Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Quickflix gets Freeview channel in NZ distribution deal

Quickflix gets Freeview channel in NZ distribution deal

By Paul McBeth

Dec. 4 (BusinessDesk) - ASX-listed streaming and on-demand video supplier Quickflix has cut a deal with Freeview to secure a channel on the free-to-air set-top-box.

Quickflix, which has lost three board members and its chief executive in recent weeks, will launch a service on Freeview next year, offering 'all you can view' subscription offering as well as pay-per-view for new release titles, it said in a statement. The deal comes a day after local pay-TV supremo Sky Network Television's joint venture with state-owned Television New Zealand, Igloo, went live.

"This is a significant development for Quickflix because half a million kiwis will have immediate access to our subscription and pay-per-view movie and TV streaming service," executive chairman Stephen Langsford said. "We're encouraged by the take-up of Quickflix streaming services in New Zealand, and this deal is a significant boost to our audience reach in the region."

The Sydney-based company has had a rough ride in the past month, suspending trading in its shares for three weeks as it worked through its funding options. The shares plunged 63 percent yesterday when they resumed trading, and were unchanged at 2.1 Australian cents today.

Quickflix, which counts US pay-TV company Home Box Office as a cornerstone investor, launched its service into New Zealand this year. The company has been critical of local content arrangements between pay-TV operator Sky TV and internet service providers, which prevent it from offering HBO.

Freeview brings together the country's free-to-air broadcasters to provide a set-top-box that gave viewers digital services as the government looks to turn off the ageing analogue network to sell that radio spectrum. TVNZ reaffirmed its commitment to the service, even after it signed up to the budget pay-TV venture with Sky TV.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Power Outages, Roads Close: Easter Storm Moving Down Country

The NZ Transport Agency says storm conditions at the start of the Easter break are making driving hazardous in Auckland and Northland and it advises people extreme care is needed on the regions’ state highways and roads... More>>

ALSO:

Houses (& Tobacco) Lead Inflation: CPI Up 0.3% In March Quarter

The consumers price index (CPI) rose 0.3 percent in the March 2014 quarter, Statistics New Zealand said today. Higher tobacco and housing prices were partly countered by seasonally cheaper international air fares, vegetables, and package holidays. More>>

ALSO:

Notoriously Reliable Predictions: Budget To Show Rise In Full-Time Income To 2018: English

This year’s Budget will forecast wage increases through to 2018 amounting to a $10,500 a year increase in average full time earnings over six years to $62,200 a year, says Finance Minister Bill English in a speech urging voters not to “put all of this at risk” by changing the government. More>>

ALSO:

Prices Up, Volume Down: March NZ House Sales Drop 10% As Loan Curbs Bite

New Zealand house sales dropped 10 percent in March from a year earlier as the Reserve Bank’s restrictions on low-equity mortgages continue to weigh on sales of cheaper property. More>>

ALSO:

Scoop Business: Chorus To Appeal Copper Pricing Judgment

Chorus will appeal a High Court ruling upholding the Commerce Commission’s determination setting the regulated prices on the telecommunications network operator’s copper lines. More>>

ALSO:

Earlier:

Cars: Precautionary Recalls Announced For Toyota Vehicles

Toyota advises that a number of its New Zealand vehicles are affected by a series of precautionary global recalls. Toyota New Zealand General Manager Customer Services Spencer Morris stressed that the recalls are precautionary. More>>

ALSO:

'Gardening Club': Air Freight Cartel Nets Almost $12 Million In Penalties

The High Court in Auckland has today ordered Swiss company Kuehne + Nagel International AG to pay a penalty of $3.1 million plus costs for breaches of the Commerce Act. Kuehne + Nagel’s penalty brings the total penalties ordered in this case to $11.95 million ... More>>

ALSO:

Crown Accounts: Revenue Below Projections

Core Crown tax revenue has increased by $1.9 billion (or 5.0%) compared to the same time last year. However this was $1.1 billion less than expected and is reflected across most tax types, continuing the pattern of recent months. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news