Movie rental company Quickflix Limited (ASX:QFX) has inked a new licensing deal. Quickflix has entered an agreement with Metro-Goldwyn-Mayer Studios to license feature films for its digital steaming service.
Quickflix says its subscribers will soon be able to access movies from Metro-Goldwyn-Mayer’s studios, described as one of Hollywood’s most celebrated studios.
Earlier this year Quickflix teamed up with a wholly owned subsidiary of Time Warner Inc (NYSE:TWX) to access Home Box Office content through a range of internet connected televisions and devices.
In the first half of its 2012 financial year Quickflix reported a net loss of $5.9 million.
