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

 

Gongs Got: Canon Media Awards & NZ Radio Awards Happen

Radio NZ: RNZ website The Wireless, which is co-funded by NZ On Air, was named best website, while Toby Manhire and Toby Morris won the best opinion general writing section for their weekly column on rnz.co.nz and Tess McClure won the best junior feature writer section. More>>

ALSO:

Pre-Budget: Debt Focus Risks Losing Opportunity To Stoke Economy

The Treasury is likely to upgrade its forecasts for economic growth in Budget 2016 next week but Finance Minister Bill English has already signalled that more of his focus is on debt repayment than on fiscal stimulus or tax cuts... More>>

ALSO:

Fulton Hogan's Heroes: Managing Director Nick Miller Resigns

Fulton Hogan managing director Nick Miller will leave the privately owned construction company after seven years in charge. The Dunedin-based company has kicked off a search for a replacement, and Miller will stay on at the helm until March next year, or until a successor has been appointed and a transition period completed. More>>

ALSO:

Gordon Campbell: On Electricity, Executions, And Bob Dylan

The Electricity Authority has unveiled the final version of its pricing plan for electricity transmission. This will change the way transmission prices (which comprise about 10% of the average power bill) are computed, and will add hundreds of dollars a year to power bills for many ordinary consumers. More>>

ALSO:

Half Empty: Fonterra NZ, Australia Milk Collection Drops In Season

Fonterra Cooperative Group says milk collection is down in New Zealand and Australia, its two largest markets, in the first 11 months of the season during a period of weak dairy prices. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news