"As part of its new strategic direction, Quickflix announced on 14 May 2015 that it has entered into a conditional agreement to resell Presto the SVOD service of Foxtel and Seven West Media. As at the date of this report, the agreement remains conditional and Quickflix has requested an extension to address the outstanding conditions."
from a first mover, to having trouble becoming a reseller for a competitor's product?.
"Beyond Australia and New Zealand, Quickflix is looking at global opportunities to exploit its streaming platform and capability. Quickflix is in advanced discussions with one party in particular which may result in a corporate transaction."
can they request an extension for this as well?
Ann: Quarterly Update and Appendix 4C June 2015, page-7
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