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VIRTUALISATION
Quickflix reports record subscriber growth
VIRTUALISATION
Quickflix reports record subscriber growth | Quickflix reports record subscriber growth |
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| by Stephen Withers | |
| Wednesday, 25 July 2007 | |
Web-based DVD rental service Quickflix signed up a record 5342 subscribers in May, taking the count above 18,000 by the end of the 2007 financial year.Featured Whitepaper
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WIN owns more than 10 percent of the company, and has been promoting it on regional TV stations, and a recent deal with Woolworths' Big W is expected to bring in additionaal subscribers. More that 85 percent of the 26,000 titles in Quickflix's catalogue have been chosen by subscribers during the last 30 days, said Langsford. That catalogue now includes 101 Blu-ray and 58 HD DVD titles. The company reported a net cash outflow of $505,000 for the quarter, bringing the annual net outflow to $1.9 million. |
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