Original article by Jake Mitchell, Michael Bodey
The Australian – Page: 28 : 4-Jul-16

Data from Telsyte suggests that the Presto video-on-demand service had about 418,000 subscribers in June 2016, including 112,000 paid subscribers. In contrast, rival Netflix boasted 1.29 million subscribers in total, while Stan had 640,000. Presto’s joint venture partners Foxtel and Seven West Media are said to be considering their options, which could include merging Presto with one of Foxtel’s other video-on-demand products.

CORPORATES
PRESTO ENTERTAINMENT PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM, FOXTEL MANAGEMENT PTY LTD, NETFLIX INCORPORATED, STAN ENTERTAINMENT PTY LTD, FAIRFAX MEDIA LIMITED – ASX FXJ, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, TELSYTE PTY LTD, HBO, SHOWTIME, BRITISH BROADCASTING CORPORATION, 21ST CENTURY FOX INCORPORATED, FOX UK, AMAZON.COM INCORPORATED, SKY PLC