Quickflix founder Stephen Langsford steps down after sale to US-based tech firm

Quickflix founder Stephen Langsford has stepped down from the company following its acquisition by US-based technology company Karma Media Holdings.

Pay cut: Stephen Langsford

Chief financial officer Simon Hodge and board director Dave Smith have also resigned.

The departure of Langsford comes 13 years after he founded the Perth-based streaming company which, in recent years, has lurched from one financial crisis to another, finally calling in administrators in April. Creditors voted at a meeting earlier this month to sell the company to Karma.


The US firm paid $1.3m for the Quickflix assets which include its proprietary streaming platform and a vast catalogue of DVDs.

Quickflix is set to continue trading, focusing on niche sectors.


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