Utilize the input text as a context reference, choose the right relationship between Foxtel and joint venture 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.
Text: Seven West Media and pay television group Foxtel have formed the Presto joint venture while Nine Entertainment group has teamed up with Fairfax Media, publisher of The Australian Financial Review , to launch Stan .
user
legal_form
assistant