Local streaming service Quickflix has been given an extension to October 21, by the Supreme Court of Western Australia, to try to find a buyer.
The WA-based company went into administration last month after failing to reach an agreement with rival service, Stan.
Stan had demanded either a $4m payment or $1.25m and the transfer of all of Quickflix’s streaming customers.
Administrator Richard Hughes said the company does not anticipate taking the “full extension period that was given” and that it intends to “convene the second meeting of creditors as soon as possible”.
Earlier this month the company put a for sale notice on its assets, which includes a marketing database of around 900,000 names, as well as tens of thousands of Blu-ray and DVDs stored at a Western Sydney warehouse for its DVD postal business.