MENU

Quickflix announces HBO deal

The Australian Netflix that wasn’t, Quickflix (ASX: QFX), has announced that it’s struck a deal to run HBO programs closer to their U.S. broadcast dates, a move which runs up against Foxtel’s first-run deal with HBO and provides competition to Apple iTunes as well.

As CNET reports:

To date, Apple iTunes has been the only place for non-Foxtel customers to gain access to HBO shows close to broadcast, with Game of Thrones seasons two and three having been available shortly after US broadcast.

The Quickflix deal is a sales arrangement, which means that the programming will not be available as part of a Quickflix subscription. Programs will be available for purchase as seasons or single programs to anyone, including non-subscribers.

HBO is a major shareholder in Quickflix, while Foxtel is 50% owned by Telstra (ASX: TLS).

Still, it’s unlikely to mean this long-struggling company is in turnaround mode. Shares of the company are down nearly 90% in the last 12 months versus a 14% return for the S&P/ASX 200 index (Index: ^AXJO) (ASX: XJO) and Telstra’s 38% climb.

Screen Shot 2013-04-16 at 10.28.19 AM

With its legendary, fully franked 28 cent dividend, Telstra is the darling of Aussie investors. But with its share price skyrocketing over the past year, is Telstra past its prime? Click here for our brand-new report: “Is It Time to Sell Telstra?”More reading

More reading

On the fence with Coca-Cola Amatil

Why Newcrest sank 8% yesterday

The Motley Fool’s purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool’s free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead.  This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. Motley Fool writer/analyst Catherine Baab-Muguira does not own shares in any of the companies mentioned in this article.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…

Including:

The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!