Take context from the input text and decide on the accurate relationship between 'Presto' and 'Foxtel' from the options provided.
Options: stock exchange, chief executive officer, owned by, product/material produced

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