Cottesloe-based Quickflix plans to cut staff, reduce directors' pay, and close offices in Sydney and Auckland in an effort to turn around the troubled streaming service.
Quickflix shareholders have rejected a move, led by a US-based investment fund, to oust three company directors including chief executive and co-founder Stephen Langsford.
Perth-based online movie company Quickflix Ltd has announced the appointment of its chief operating officer, Simon Hodge, as managing director, replacing Stephen Langsford who will remain with the company as an executive director.