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[December 02, 2012]
Quickflix confident of HBO support despite exodus
Dec 02, 2012 (The Australian Financial Review - ABIX via COMTEX) -- Online video company Quickflix held its AGM on 30 November 2012. Chairman Stephen Langford said that HBO is fully supportive of the Australian firm's current actions. There has been speculation that HBO, which holds $A10mn worth of redeemable stock in Quickflix, could seek to redeem its shares in the wake of the departure of Quickflix CEO Chris Taylor and a number of directors. Langford said HBO has indicated that it will not do this.
Publication Date: 1 December 2012 QUICKFLIX LIMITED - ASX QFX HBO TELSTRA CORPORATION LIMITED - ASX TLS TELECOM CORPORATION OF NEW ZEALAND LIMITED - ASX TEL SEVEN WEST MEDIA LIMITED - ASX SWM
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