Entertainment TV Presto video streaming service to be killed off by Foxtel

Presto video streaming service to be killed off by Foxtel

Foxtel will flick the switch on Presto early next year. Photo: Supplied.
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Presto will disappear early next year, after Seven West Media sold its stake in the online video streaming service to joint venture partner Foxtel.

Rather than keeping Presto running, Foxtel has announced the service will shut at the end of January, with Presto customers encouraged to switch to the pay TV operator’s own web-based streaming offering, Foxtel Play.

Foxtel said Presto customers will be able to access the new Foxtel Play product from December.

“It has been great working with the team at Seven on Presto and we look forward to future collaborations,” Foxtel chief executive Peter Tonagh said in a statement.

“We are delighted to be able to offer Presto subscribers access to the new look Foxtel Play.”

Seven West’s chief executive Tim Worner said his network would maintain a content partnership with Foxtel, despite exiting the joint venture.

“We look forward to continuing to work closely with Foxtel, in particular in the creation of new programming content,” he noted in a statement.


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