The long awaited Presto IPTV movie service has been delayed again and will now not launch until at least March fueling speculation Foxtel is working hard to completely redevelop the service.
Presto was originally announced last September and was expected to launch in November however after much public critism, industry analyst’s believe Foxtel has been working hard to lower pricing with some also speculating Foxtel may package premium TV Drama’s into the service to further combat US provider Netflix.
“This is a complicated platform to put together and there have been a few technical issues,” a Foxtel spokesman has told the Australian Financial Review. “We’re double checking everything to make sure it’s completely working before we launch it. We’re aiming to launch it in the next couple of months but we haven’t got a specific date at this stage.”
Presto is seen as an important part of Foxtel's future stratagy continuing to reposition its business in the IPTV space with persistent rumours that streaming giant Netflix is looking towards an Australian launch, Foxtel have used the last 18 months to secure as much IPTV content as possible.
Presto customers will pay as much as $24.99, on a no lock-in contract for access to movies from studios such as 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 utilise the same infrasture as Foxtel Go and Foxtel Play. The service will launch initially on PC and Mac computers and will soon be available on iOS and compatible Android phones and tablets. Apps for selected Smart TV’s will also be available.