Nine buys HBO's 火刑/賭ける in Quickflix

Nine Entertainment has become a major 投資家 in movie and TV streaming service Quickflix.

Nine, which runs the 解放する/自由な-to-空気/公表する TV 網状組織 and other マスコミ 投機・賭けるs, has bought all of US entertainment 巨大(な) Home Box Office's 転換できる preference 株 in Quickflix.

The value of Nine's 購入(する) has not been 明らかにする/漏らすd.

HBO, the 製造者 of programs 含むing Game of 王位s and True 探偵,刑事, spent $10 million on its 投資 in Quickflix in 2012, soon after 調印 a licensing 協定 with the streaming company.

Quickflix's market value has 急落(する),激減(する)d since 早期に 2012, with its 株 落ちるing from 13.8 cents to one cent 事前の to Monday's 告示.

Nine said its 投資 in Quickflix was small and opportunistic, which it believes 申し込む/申し出s an attractive 危険-reward profile.

The preference 株 now held by Nine are not 引用するd on the 株 market, but can be 変えるd to normal 株 at a 割引 率.

Quickflix 申し込む/申し出s streaming of movies and TV shows, from 網状組織s 含むing HBO, the BBC and ABC, to laptops, 動きやすい 装置s and game consoles.

Its 顧客 numbers fell during 2012 and 2013, but 改善するd in the first three months of 2014 to almost 120,000.

Quickflix made a loss of $6.4 million in 2012/13, and a loss of $4.2 million in the first half of 2013/14.

Sorry we are not 現在/一般に 受託するing comments on this article.