They'd need new hit shows to make that price work. Netflix is constantly producing new shows and aims to eventually have a steady flow of original content year round. Stan is using Better Call Saul in its promotions, which is very smart. Having new shows generates free advertising in the form of news articles - how many Game of Thrones recaps have you seen on the SMH or News.com as well as word of mouth. If Presto is just the dregs of the back catalogue owned by foxtel then its going to have trouble, especially at that price
QFX Price at posting:
0.3¢ Sentiment: Sell Disclosure: Not Held
