News

What Instagram is whispering to creators

Hi and welcome to this weekly edition of Insider Advertising, where I break down the big stories in media and advertising. Remember you can sign up to get this newsletter daily here. This week: What Instagram is whispering to creators, Discovery joins the streaming wars, and Estée Lauder pivots in […]
What Instagram is whispering to creators
Markets

The Ten Network has unveiled its answer to Netflix and Stan

Network 10 launched its own streaming media service into a market crowded with Netflix, Foxtel and Stan. “10 All Access” debuts today with more than 7,000 episodes. It costs $9.99 a month. CBS and Network 10 today launched a subscription video on-demand service into a market dominated by Netflix, Foxtel […]
The Ten Network has unveiled its answer to Netflix and Stan
Tech

Australian streaming platform Ozflix launches next week

Ozflix, a video on demand platform specialising in Australian films, launches into a crowded online streaming media market next week. The service is differentiating itself from the market leader, US giant Netflix, and Australian platform Stan by concentrating on Australian movies. “We are committed to making Aussie film easily accessible […]
Australian streaming platform Ozflix launches next week
Markets

The decision to close Presto cost Foxtel $27 million

Foxtel’s decision to close streaming media platform Presto cost the cable entertainment group $US21 million ($A27 million). The 50/50 Foxtel and Seven West Media business launched in 2015 is closing in January 2017. From December, Presto customers will be able to access the new Foxtel Play product. The departure of […]
The decision to close Presto cost Foxtel $27 million
News

Quickflix will survive under a new American owner

US-based Karma Media Holdings has taken control of troubled local Australian streaming media company Quickflix. Voluntary administrators Jason Tracy and Richard Hughes of Deloitte announced that Karma has bought Quickflix and its assets in exchange for payment of $1.3 million. Tech and media entrepreneur Erik Pence will lead Quickflix as […]
Quickflix will survive under a new American owner
Markets

Foxtel is killing off Presto

Foxtel is closing its joint venture streaming media business Presto. Seven West Media is selling its stake in Presto to Foxtel. The terms of the deal haven’t been announced. Presto will cease on January 31. From December, Presto customers will be able to access the new Foxtel Play product. The […]
Foxtel is killing off Presto