Foxtel to launch film streaming service Presto
Foxtel 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.”
Richard Freudenstein, Foxtel Chief Executive, said: “Australians are hungry for different ways to experience great entertainment when they want and how they want. The launch of Presto as a second brand allows us to meet the needs of different customer segments more effectively and is another way Foxtel is continuing to make its content more accessible.”
The launch comes a matter of weeks since the launch of Foxtel Play, which offers live and catchup TV on Xbox360, PCs and samsung Smart TVs based on the moretraditional Foxtel offering of packs of channels. ranging from $25 to $100.
Freudenstein said: “Our aim is to utilise Foxtel’s assets and expertise in a smart way to capture a healthy share of the growing digital market. We are already investing in content, platforms and experiences to delight movie-loving customers so it makes sense that we launch Presto as part of our digital media content strategy.”
Studios Foxtel Movies licence content from are MGM, NBCUniversal, Paramount Pictures, Roadshow Films, Sony Pictures Entertainment, Twentieth Century Fox, The Walt Disney Company, Warner Bros. Entertainment, Hopscotch Entertainment One, ICON, Studiocanal and Transmission Films.
Presto will launch initially for PCs, with tablet access to follow.
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Foxtel….lolz.
Pay for Tv? Not effing likely.
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Have access to unlimited Internet. Most stuff is already streaming FOR FREE.
What’s not can pick up for cheap at the vid store. What I can’t get a mate can download for FREE. In closing no chance of getting a dime out of gen Y because we do all this stuff and don’t have to pay only bill we pay in Internet but you fucked that for us didn’t you Rupert conning the Australian people to voting Liberal so you could have your business model. Well guess what it’s only a matter of time til the older generation gets taught by the younger generation and then you won’t be needed at all.
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SO compared to NetFlix in the USA, we would get half the content for almost double the price…can see why Rupert fought so hard against the NBN…yeah I will stick to free streaming
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