Foxtel had a pay TV monopoly, now it's been sold to DAZN
Dec 23, 2024 · Foxtel's current debt will be refinanced, while News Corp and Telstra's loans to the company of $578 million and $128 million respectively, will also be paid off.
DAZN Buys Foxtel Group in $2.2 Billion Deal With News Corp
Dec 22, 2024 · Sports streaming company DAZN is buying Australia’s Foxtel Group from majority shareholder News Corp and minority shareholder Telstra in a deal with an enterprise value of $2.2 billion. The deal ...
News Corp. Sells Foxtel Unit to DAZN in $2.1 Billion Deal
Dec 22, 2024 · Rupert Murdoch’s News Corp. agreed to sell Foxtel Group to sports platform DAZN Group Ltd. in a deal that values the Australian pay-television and streaming service at A$3.4 billion ($2.1 billion).
DAZN Acquires Foxtel From Murdoch's News Corp In $2.2 Billion …
Dec 22, 2024 · Sports streaming platform DAZN has acquired Australian broadband company Foxtel Group from majority shareholder, Rupert Murdoph’s News Corp, and minority shareholder, Telstra, in a deal valued...
Murdoch’s News Corp to sell Australian unit Foxtel to Britain’s …
Dec 23, 2024 · Rupert Murdoch’s News Corp has agreed to sell its Australian cable TV unit Foxtel to British-owned sports network DAZN for 3.4 billion Australian dollars ($2.1 billion) including debt, cutting ...
News Corp Announces Agreement to Sell Foxtel to DAZN for …
Dec 22, 2024 · Foxtel, which has transformed into a digital and streaming leader in sports and entertainment content under News Corp management, will join DAZN, a global provider of sports streaming, giving international exposure to Australian sport, while bringing Australian sports fans greater access to programming from across the globe
News Corp sells Foxtel in landmark $3.4 billion deal
Dec 23, 2024 · Foxtel CEO Patrick Delany will remain in his role under the new ownership structure and focus on expanding the platform’s global reach. The Murdoch-controlled media empire , which founded Foxtel nearly 30 years ago, will exit majority ownership but retain a 6% stake in DAZN and a board seat, marking the end of an era in Australian media.
News Corp sells Foxtel to DAZN in $3.4 billion deal
Dec 22, 2024 · News Corp sells Foxtel Group to global sports streaming platform DAZN in $3.4 billion deal. News Corp has announced a landmark agreement to sell Foxtel Group, including Kayo and Binge, to global ...
News Corp Announces Agreement to Sell Foxtel to DAZN for …
Dec 22, 2024 · The Foxtel Group is owned 65% by News Corp and 35% by Telstra. The Foxtel Group's diversified business includes Fox Sports, Australia's leading sports production company, famous for live sports ...
News Corp is looking to sell off pay TV and streaming service Foxtel ...
Aug 9, 2024 · Local pay television platform Foxtel is up for sale, News Corp global chief executive Robert Thomson has revealed after the company delivered its full year earnings results.