Feeds

Quickflix bolstered by streaming

Gaining digital ground

Seven Steps to Software Security

Quickflix’s move to digital streaming in December has sparked 10 percent of its subscribers to choose streaming as part of their package.

The IPTV aspirant reported that it was experiencing overall strong growth with the number of total subscribers, including trialists, reaching 110,697 by the end of 2011. This represents an increase of 21,303 or 24 percent during the December quarter.

Paying subscribers totalled 94,097 at the end of December, representing net additions of 13,464 or growth of 17 percent for the quarter.

Quickflix reports that paying subscribers have grown 81 percent for the year to December.

Quickflix launched its movie streaming service via Sony Playstation devices on December 22nd. The December Sony deal is an extension of an earlier agreement signed in July to begin streaming content via the Sony Bravia connected TV platform.

The PS3 distribution channel will give Quickflix access to a million gamers who are be able to subscribe to the Quickflix service via a branded "smart channel".

While the company is making quarterly gains in subscriber numbers it is still a long way off its targeted customer base of one million customers within five years .

However stock analysts and brokers Baillieu Research noted in their October report on Quickflix Stockbroking that should Quickflix reach the 100,000 milestone, it will be easier for the company to secure distribution deals.

The report forecast that following the launch of its streaming business, Quickflix would have between 1.1 million and 4.0 million devices on which consumers would be able to watch Quickflix movies. While by 2017, the number of addressable devices is conservatively estimated at between 5.8 and 15 million.

Quickflix is also preparing availability for its IPTV streaming service across PCs/Macs, iPads and iPhones.

“The business model being pursued by Quickflix will enable a subscription streaming service through to three devices simultaneously and connections to up to seven or eight devices to access the service – at no additional fee. While this facilitates receiving the streaming services across multiple platforms and therefore consumers getting “what they want when they want it”, to remain competitive with Telstra’s T-Box QFX will need to provide consumers with a very compelling pricing structure,” the report warns. ®

Boost IT visibility and business value

More from The Register

next story
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
Want to beat Verizon's slow Netflix? Get a VPN
Exec finds stream speed climbs when smuggled out
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
US freemium mobile network eyes up Europe
FreedomPop touts 'free' calls, texts and data
Big Blue Apple: IBM to sell iPads, iPhones to enterprises
iOS/2 gear loaded with apps for big biz ... uh oh BlackBerry
Price cuts, new features coming for Office 365 small biz customers
New plans for companies with up to 300 staff to launch in fall
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Mobile application security vulnerability report
The alarming realities regarding the sheer number of applications vulnerable to attack, and the most common and easily addressable vulnerability errors.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.