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Presto out of Quickflix deal

Presto said the conditions of its agreement with Quickflix have not been met

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Presto will not become available via Quickflix, despite an announcement in May.

The Foxtel / Seven streaming service said the conditions of its agreement have not been met.

Last week Quickflix suspended shares pending an announcement of a deal with a global company, due today.

The Perth-based company made a loss of $8.6 million in the first half of the 2014/15 financial year, and lost 14 per cent of its customers in the three months to June.

Source: Fairfax

2 Responses

  1. Things have just gone south with Quickflix, haven’t they?

    I keep remembering your TV Tonight article on Sept 16 2014 (Quickflix tells Netflix to “play by the rules”), re-reading it again and thinking – ouch!

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