Foxtel to launch film streaming service Presto

PrestoFoxtel has launched an online film streaming subscription service in a new challenge for Quickflix.

Priced at $24.99 per month with no lock in contract, Presto features whatever films the seven Foxtel Movies channels have licenced at the time.

The offering will launch later this year.

According to today’s announcement: “Presto features content in license to the Foxtel Movies channels including access to the biggest box office releases of 2012 at launch along with on demand access to the Foxtel Movies vault of recent and older favourite movies.”

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