Shares in Quickflix, the Australian online and movie rental service, have been placed in a trading halt after the company struggled to raise cash to fund its operation. Questions are also being raised as to the value of its subscribers. The halt will last until the opening of trade on November 15th. Earlier this month, […]
UK’s Channel 4 has announced a range of initiatives for its online platform 4oD. From next year, Channel 4 will become the first commercial broadcaster to launch free ad-supported offline viewing, meaning viewers will be able to download and watch Channel 4 shows to various devices, including smartphones and tablets. Viewers will be able to […]
Following the move by Carl Icahn to acquire 10 per cent of its stock, Netflix has announced that its Board of Directors adopted a stockholder rights plan (the “Rights Plan” or “Plan”) and declared a dividend distribution of one right (“Right”) for each outstanding share of Netflix common stock. The Rights Plan is intended to […]
FOX Movies Premium (FMP), Star Chinese Movies (SCM) and now TV have joined forces to bring to viewers a better premium movie channel experience through the introduction of a new and exclusive Play service in Hong Kong. now TV customers subscribing to FMP and SCM will be able to access the FOX Movies Play and […]
Netflix’s stock surged yesterday as ‘active investor’ Carl Icahn revealed that his funds have acquired a 10 per cent stake in the business. Netflix shares actually tripped two circuit breakers in their rapid rise, triggering a temporary suspension of the stock. When shares resumed trading, they finished the day up around 14 per cent. Icahn […]
Remember Corporate Raiders? The very name sounds so 90s, doesn’t it? These swashbucklers of the corporate stock markets believed in a kind of financial engineering that, by the lights of the more modern and esoteric techniques of debt packaging and trading, seem both simple and benign. It didn’t always seem that way back then. The […]
Research from analyst firm Parks Associates analysing broadband and pay-TV services, business models, and consumer preferences indicates that broadband penetration is above 70 per cent in several Western European countries, and up to 30 per cent of the broadband population in some countries prefer PCs over TVs for watching video, with a strong corresponding preference […]
On Demand Group (ODG), a division of Avail-TVN, the multiplatform video services provider, has revealed that Cablevision, Argentina’s leading cable provider, has chosen the company to launch VoD services to its customer base of more than three million cable subscribers. The new service, Cablevision On Demand, launched this week. Cablevision On Demand will include a […]
Pizza delivery company Domino’s Pizza has teamed up with independent filmed entertainment studio Lionsgate UK to become the first UK company to deliver movies alongside pizza with its brand new Domino’s Pizza Box Office service. Customers can now order their favourite pizza and a whole host of popular films all online via the Domino’s website. […]
Quickflix, the Australian movie streaming and rental company, delivered stronger growth in the September quarter as it resumed a focus on subscriber acquisition following its successful rollout of digital streaming over previous quarters. Whilst continuing to invest in new content and integration of its pay-per-view and subscription streaming service in new consumer devices, the company […]