Foxtel is slashing the monthly subscription fee for its struggling movies streaming service Presto as a defensive move against the looming launches of Nine Entertainment Co's StreamCo and Netflix.
Alex Parsons has been named MD of Nine Entertainment Co's Nine Digital as part of a restructure which sees Mi9 being absorbed into NEC.
Nine Entertainment Co. has bought HBO’s 8% stake in Quickflix, becoming a significant investor in the DVD rental and subscription streaming service.
Nine Entertainment Co’s Subscription VOD service plans to commission local production for the platform.
Two Netflix acquisition executives are due to spend most of next week in Sydney, another sign that the US streaming giant plans to launch Down Under.
The Nine Network has reshuffled its acquisitions and programming teams in the lead-up to the launch of its subscription Video-on-Demand service.
Australian producers and independent distributors who were hoping to make tidy sums when Netflix launches Down Under in March will be disappointed, at least initially.