|New video on-demand service called Presto, offers online Foxtel Movies for $19.99 a month.|
The service offers a monthly pass to stream Foxtel Movies live and on-demand, ad free.
It has a regularly updated collection, offering films from eight Foxtel Movies channels including: Movies Premiere, Comedy, Romance, Thriller, Action, as well as on demand titles.
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Subscribers and non subscribers will also have to pay extra for Presto pay-per view movies which includes newer releases like Diana and Enemies Closer.
Presto today confirmed that new movie channel Movies Disney will also be a part of the line up from 10 April.
Presto's movie line up includes 2013 blockbuster releases: A Good Day to Die Hard, Iron Man 3, Identity Thief and Oz the Great and Powerful.
In March, additional hits will include Star Trek: Into Darkness, The Lone Ranger, This is the End and The Great Gatsby, while Fast & Furious 6, Monsters University, World War Z and Elysium will be hitting screens in April and May.
Shaun James, currently Foxtel's General Manager of Music Channels and Head of Digital has been appointed as Director of Presto & VOD.
Prior to joining Foxtel in 2012, Shaun spent four years at XYZ Networks as General Manager Music.
Foxtel CEO Richard Freudenstein said, Presto is a game changer and the announcement of the new VOD service has created a "big stir".
"Last month's announcement that it was on the way created a big stir and we're looking forward to sharing Presto's library with Australian movie lovers. Presto is a game changing new way to experience great movies, when and where you want, for a price per week equivalent to what you'll pay for just one standard iTunes movie rental."
"I'm delighted that Shaun James, who is such as strong member of the Foxtel team, has agreed to take on this role. Under his leadership, Presto is certain to go from strength to strength."
Presto is available as a special offer to new customers for $4.99 for the first month.
The new movie service features an interface with recommendations and critics' reviews from Rotten Tomatoes.