Quickflix boss coy on Nine’s new strategic stake but confident there is no ‘content stitch up’

July 22, 2014 1:38

Founder and CEO of online streaming company Quickflix Stephen Langsford says it is not for him to comment on US content giant HBO’s decision to sell out of the company, with its eight per cent stake being picked up by new entrant into the streaming space Nine Entertainment Co.

The surprise purchase was revealed yesterday, with the $1m purchase by Nine quickly helping raise the long languishing Quickflix share price 40 per cent, to 1.4 cents.

“It’s not for me to be drawn on what Nine’s intentions or plans are,” Langsford told Mumbrella, this morning. “Quickflix is focused on the business we are operating in this space.

“We have our work cut out for us and are focused on growing our business and getting on more platforms to increase our audience.”

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Nic Christensen

Nic Christensen worked for Mumbrella from 2013 to 2016, in roles including deputy editor and media & technology editor. He is former media writer for The Australian and has also worked as a reporter for The Daily Telegraph and senior producer for Radio 2GB.

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