Original article by Max Mason
The Australian Financial Review – Page: 29 : 29-Jun-15
Presto CEO Shaun James believes that Australian streaming video services offer sufficiently competitive prices to deter consumers from downloading illegal copies of films and TV shows. He argues that the situation cannot be compared with the rise of music-sharing service Napster, as there were no alternatives for buying legitimate copies of music online at the time. The Presto joint venture between Foxtel and Seven West Media will launch its first Australian-made TV show later in 2015.
CORPORATES
PRESTO ENTERTAINMENT PTY LTD, FOXTEL MANAGEMENT PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NAPSTER INCORPORATED, THE PIRATE BAY, XYZNETWORKS PTY LTD, WARNER MUSIC AUSTRALIA PTY LTD, APPLE INCORPORATED, NETFLIX INCORPORATED, STAN ENTERTAINMENT PTY LTD, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FAIRFAX MEDIA LIMITED – ASX FXJ, FEDERAL COURT OF AUSTRALIA, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION