Foxtel announces Presto launch date and two Disney channels

Foxtel has announced a launch date for its streaming service Presto of March 13, and said it will cost users $19.99 per month to use the service which allows them to stream Foxtel movies.

This morning CEO Richard Freudenstein also announced the company has signed a new deal with Disney and will launch two new Disney channels on April 10,at the annual Australian Broadcasting Digital Media Summit this morning.

Foxtel will also roll out its updated set top box the iQ3 later this year, and launch Triple Play of TV, broadband a phone services, which Freudenstein said is expected to be a “step-change” for Foxtel as it lets viewers record three shows at once and opens “new opportunities for revenue growth”.

Foxtel Movies Disney will feature classic Disney films and recent releases delivered ad-break free to subscribers in HD through the Foxtel premium drama and movies package, as well as be available on demand, Foxtel Play and Foxtel Go.