Foxtel Outs Its Own Netflix-Style Movie Streaming Service

Hey, Presto! That's the name of Foxtel's new online movie streaming service that will give you all-you-can-eat entertainment for $24.99 per month.

With Presto, you'll be able to access all the movies that Foxtel has license to, including the new releases it sticks onto its movie streaming channels, which is good news for people who like close-to-cinema-release titles. The studios currently signed on for Foxtel's movie service include 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.

You'll be getting access to all seven movie channels, including Foxtel Movies Premiere, Foxtel Movies Comedy, Foxtel Movies Drama/ Romance, Foxtel Movies Thriller/ Crime, Foxtel Movies Action/ Adventure, Foxtel Movies Family, and Foxtel Movies Masterpiece.

When it launches, Presto will be available on PC and Mac computers, with iOS and Android tablet apps coming later.

Presto is set to launch "later this year" for $24.99 per month with no contracts attached.

Would you use Presto?