Let's see what analysts are saying about the telco giant this week. The deal will see Telstra divest its 35% stake in Foxtel to DAZN Group in exchange for $128 million in cash for repayment of ...
Add articles to your saved list and come back to them any time. While the Foxtel-DAZN deal awaits the tick from regulators, the tie-up of the two billionaire-owned platforms is giving the bosses ...
This follows the release of a big announcement relating to the company's stake in the Foxtel business. Under the terms of the agreement, shareholder loans in the amount of $578 million outstanding ...
SYDNEY: News Corp has agreed to sell its Australian cable TV unit Foxtel to British-owned sports network DAZN for A$3.4bil (US$2bil) including debt, cutting the Murdoch-controlled media empire’s ...
A $3.4b deal has been reached today between UK-based sports broadcasting group DAZN (pronounced da-Zone) and News Corp and Telstra to acquire the Foxtel Group. Here is the press release in its ...
The sale of Foxtel to UK sports streaming giant DAZN will not have an immediate impact on pricing or the packages available for subscribers, company CEO Patrick Delany has confirmed. “Anything ...
Add articles to your saved list and come back to them any time. Flogging Foxtel for $3.4 billion is nothing short of a Christmas miracle for News Corporation and the Murdochs, who are not only ...
The landmark agreement ends News Corp’s 30-year ownership of Foxtel, which launched in 1995 and has in recent years transformed into a streaming powerhouse. Foxtel's junior ownership partner ...
News Corp is selling Foxtel to UK sports streaming and entertainment platform DAZN. Source: AAP / David Gray News Corp and Telstra have agreed to sell Foxtel Group to British sports streaming and ...
News Corp to sell Foxtel to DAZN for A$3.4B, with loans repaid and News retaining a 6% stake in DAZN. The sale will help News focus on growth areas like Dow Jones and Digital Real Estate ...
News Corporation (ASX:NWS) has announced the sale of its 65% stake in Foxtel Group to DAZN Group Ltd for an enterprise value of $3.4bn. Under the terms of the agreement, News Corp will receive ...
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 ...