Foxtel's Netflix Competitor Fails To Launch

Remember when Foxtel said it'd launch a competitive, Netflix-style online movie streaming platform called Presto by the end of 2013? Yeah, about that...

The Australian Financial Review reports today that the service has failed to hit its ship date due to "software issues".

Presumably those issues are being worked out right now, once the company cleans the egg off its collective face.

There's still no timeline for launch according to the report.

Check out the full report. [AFR]

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