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ASX-listed video streaming pioneer Quickflix has called in a voluntary administrator after a restructure and cost cutting failed to save it from increased competition.
In a note to investors, founder and chief executive Stephen Langsford highlighted a shareholding by rival streaming service Stan as a key stumbling block for the ailing business.
Stan is jointly owned by Nine Entertainment and Fairfa…
Read the full article at: http://www.smh.com.au/business/media-and-marketing/quickflix-appoints-voluntary-administrator-ferrier-hodgson-20160426-goezr9.html