Aussie Streamer Presto to Be Folded into Foxtel Play

SYDNEY: Foxtel is acquiring Seven West Media’s interest in the Presto TV joint venture, which will then be folded into the new Foxtel Play product.

Presto will cease on January 31, 2017. From December 2016, Presto customers will be able to access the new Foxtel Play product. Presto and Foxtel Play subscribers will have exclusive Australian access to two new Home and Away specials to be released this summer.

Tim Worner, CEO and managing director of Seven West Media, said: “We look forward to continuing to work closely with Foxtel, in particular in the creation of new programming content.”

Peter Tonagh, Foxtel’s CEO, said, “It has been great working with the team at Seven on Presto and we look forward to future collaborations. We are delighted to be able to offer Presto subscribers access to the new look Foxtel Play, which we know will be highly attractive to them.”