I see that as actually good for QFX. Other players with cash are getting flogged.
The article didn't take into account all of QFX subs. So in real terms QFX has more subs than Presto, Stan and Foxtel Play. I thought Stan and Foxtel would have much more than that.
Can QFX have another quarter of sub growth?
Looks like Netflix is flogging the competition. What will the traditional media providers in Australia do to counteract this? Look to boost sub numbers cheaply maybe?
How will Stan executives justify spending $50 million for 91,000 subs when the competition went 0 to a 1 million?
If Netflix starts making any real money from the Australian market will they bid on sporting rights? AFL NRL 1 million subs at $10 a pop. Oppps free to air just pooped themselves. hahahaha
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QFX Price at posting:
0.1¢ Sentiment: Buy Disclosure: Held