Not only is Netflix creaming Stan and Presto, the US streaming giant's Australian service is causing a decline in the legitimate downloads of movies and TV shows.
The free-to-air broadcasters’ audiences collectively are down 9 per cent on last year and further erosion is inevitable with the rise of Netflix and other streaming services.
Audiences are seeking out more and more of their entertainment online, new research has revealed.
Presto today announced it has signed a subscription video on demand agreement with leading independent studio Entertainment One Television to offer access to complete seasons of the distributor’s premium programming.
Presto has announced that it will commence streaming on Fetch TV from today.
Seven West Media has confirmed the formalisation of its joint venture with Foxtel in Presto TV Pty Limited.
Presto Entertainment has hired several new staffers and confirmed Shaun James as CEO of the joint venture between Foxtel and Seven West Media.
Presto Entertainment today confirmed it will offer subscribers access to some of Australia’s most popular and critically acclaimed drama series from joint venture partners Foxtel and Seven West Media.