Telecom's Netflix-style service gets closer

Vikings - one of Lightbox's exclusive shows

Telecom seems to be gearing up to launch its Netflix-style service in the near future.

Media have been invited to a hands-on preview of "Lightbox" on Thursday.

Telecom (which changes its name to Spark next week) will also announce new shows at the briefing.

The company won't announce an exact launch date for the service, which will offer all of the movies and TV shows you can stream from the internet for $15 a month. It will feature support for streaming content from a tablet to a regular TV.

Telecom is in a race against Sky TV, which also says it will launch a Netlflix-style service before the end of this year.

Sky, whose programming budget alone ($289 million) dwarfs Lightbox's entire launch-year budget ($20 million), has released few details about its service, bar that it will be based on the technology currently used for Sky Go on PCs and tablets, and later be extended to MySky decoders.

Both contenders face competition from increasingly capable incumbent Quickflix, and the small army of Kiwis who are accessing the US version of Netflix directly.

An unconfirmed Australian report says the US-based Netflix, which recently passed $US4 billion in annual revenue and signed its 50 millionth subscriber, plans an Australia-NZ launch early next year. Netflix won't comment on the rumour.

Got a question about this story? Leave it in Comments & Questions below.

This article is tagged with the following keywords. Find out more about MyNBR Tags

NZ Market Snapshot


Sym Price Change
USD 0.6574 0.0000 0.00%
AUD 0.9105 0.0001 0.01%
EUR 0.6199 0.0001 0.02%
GBP 0.4353 0.0000 0.00%
HKD 5.0933 -0.0013 -0.03%
JPY 80.5880 -0.0310 -0.04%


Commodity Price Change Time
Gold Index 1070.0 -4.320 2015-11-25T00:
Oil Brent 45.5 1.070 2015-11-25T00:
Oil Nymex 43.0 0.090 2015-11-25T00:
Silver Index 14.2 0.000 2015-11-25T00:


Symbol Open High Last %
NZX 50 6087.9 6097.8 6087.9 0.04%
NASDAQ 5106.9 5124.1 5102.8 0.26%
DAX 11180.9 11366.4 11169.5 1.35%
DJI 17820.8 17854.9 17812.2 0.01%
FTSE 6337.6 6395.3 6337.6 0.88%
HKSE 22749.6 22787.5 22498.0 -0.04%
NI225 19994.0 19994.0 19944.4 0.05%