Wrong Kat, They will become a re seller of Presto... Just like...

Wrong Kat,
They will become a re seller of Presto...
Just like they are currently a reseller of Premium titles.
The beauty of this is of course in the cashflow.
They only pay for what they sell.
Economies of scale has been the problem for QFX all along...
The up front costs of buying streaming content has always been more than they could make out of it.
This should all change now.
Also the quality of the content will improve.

Other online resellers thats sell products that they don't own and haven't paid a cent for include businesses like:

Ebay
Uber
Amazon
Air B n B
Webjet
Booking.com
Etsy
Carsales.com
Realestate.com

Perhaps you've hear of some of them?

I think many of them havve been quite successful.

Will be good to see Quickflix adopting a business model that has proven to allow strong growth.

Nice to see they'll have the likes of News Corp, Telstra, Foxtel and Seven West Media behind them.

Should help a bit.

I wonder which other product lines they'llbe adding into the mix....down the track?

Stan?