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.

But both networks have a delicate balance to manage as they try not to talk up their own SVOD services at the expense of their main free-air businesses: Seven has joined Foxtel on its Presto SVOD platform.

Answer: owned_by