Utilize the input text as a context reference, choose the right relationship between Presto and Foxtel from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

Mr Sharp is among 1.6 million Australians who have signed up to Netflix within six months of its launch , according to Citi, which puts local rival Stan, owned by Nine Entertainment Co and Fairfax Media, owner of The Australian Financial Review , on 332,000 sign ups, ahead of Foxtel and Seven West Media's Presto on 193,000.
owned_by