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04-26-2016, 02:41 PM
The streaming war claims a new casualty: Quickflix is going under
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Both Netflix and Quickflix started out their corporate lives mailing DVDs, but only one still has a vaguely healthy bank balance (http://mashable.com/2016/04/18/netflix-q1-2016-earnings/).
On Tuesday, Quickflix, an Australian media company that provides a subscription streaming platform, as well as a DVD service, an**unced it was going into voluntary administration via a statement (http://www.asx.com.au/asxpdf/20160426/pdf/436r5g5gf77ndf.pdf) released to the Australian stock exchange.
SEE ALSO: Bret Easton Ellis-directed ****** coming to Fullscreen's new SVOD service (http://mashable.com/2016/04/25/fullscreen-svod-service-bret-easton-ellis/)
Quickflix has been facing headwinds for awhile **w, competing **t only with Netflix, which launched in Australia in early 2015, but homegrown streaming options, Stan and Presto. Read more... (http://mashable.com/2016/04/26/quickflix-voluntary-administration/)
More about Streaming (http://mashable.com/category/streaming/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Presto (http://mashable.com/category/presto/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Stan (http://mashable.com/category/stan/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Netflix (http://mashable.com/category/netflix/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Quickflix (http://mashable.com/category/quickflix/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial) http://ad.doubleclick.net/ad/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1461657240 (http://ad.doubleclick.net/jump/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1461657240)http://feeds.feedburner.com/~r/Mashable/~4/6AnC7U4_i5w
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Both Netflix and Quickflix started out their corporate lives mailing DVDs, but only one still has a vaguely healthy bank balance (http://mashable.com/2016/04/18/netflix-q1-2016-earnings/).
On Tuesday, Quickflix, an Australian media company that provides a subscription streaming platform, as well as a DVD service, an**unced it was going into voluntary administration via a statement (http://www.asx.com.au/asxpdf/20160426/pdf/436r5g5gf77ndf.pdf) released to the Australian stock exchange.
SEE ALSO: Bret Easton Ellis-directed ****** coming to Fullscreen's new SVOD service (http://mashable.com/2016/04/25/fullscreen-svod-service-bret-easton-ellis/)
Quickflix has been facing headwinds for awhile **w, competing **t only with Netflix, which launched in Australia in early 2015, but homegrown streaming options, Stan and Presto. Read more... (http://mashable.com/2016/04/26/quickflix-voluntary-administration/)
More about Streaming (http://mashable.com/category/streaming/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Presto (http://mashable.com/category/presto/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Stan (http://mashable.com/category/stan/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Netflix (http://mashable.com/category/netflix/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Quickflix (http://mashable.com/category/quickflix/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial) http://ad.doubleclick.net/ad/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1461657240 (http://ad.doubleclick.net/jump/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1461657240)http://feeds.feedburner.com/~r/Mashable/~4/6AnC7U4_i5w