Australia: Expected Netflix Entry Heats Up Streaming Video Sector – Hollywood Reporter

Nine Entertainment Co. (NEC), parent of the Nine television network, has acquired HBO’s 8 percent stake in DVD rental and streaming company Quickflix Ltd. […] The deal marks HBO’s exit from Quickflix, two years after investing $8.74 million (AUS$9.3 million) in the company. HBO last year cut a long-term exclusive agreement with pay TV giant Foxtel, under which Foxtel gets all premiere rights to HBO’s original series, […] Foxtel airs them the same day and date as in the U.S. However, at the end of season four of Game of Thrones last month, the full series was made available on streaming services, including Quickflix, iTunes, Google’s Chromecast and Google Play as well as Foxtel’s streaming services. Currently, Netflix also supplies its original series such as House of Cards and Orange Is the New Black on an exclusive first-run basis to Foxtel. – Pip Bulbeck,The Hollywood Reporter  http://ift.tt/1ntvJYq