NETFLIX has emerged as the latest media player to run its ruler over local television and movie streaming business Quickflix

NETFLIX has emerged as the latest media player to run its ruler over local television and movie streaming business Quickflix. The Australian understands Quickflix has held serious discussions with Netflix about taking a strategic stake in the Perth-based business. Quickflix is a minnow in the online media game, with a market cap of only $13.8 million, but a move by Nine Entertainment this week to take an 8 per cent stake in the business has sparked interest from other media players in the sector. It is understood Netflix is interested in Quickflix for its local content and platform deals that could be used by the US streaming giant as a launch pad into the local market. Sources said Netflix was also interested in a stake in Quickflix as a defensive man¬oeuvre against Nine Entertainment and other local media players Full article here (required log in): (VIEW LINK)


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