(RTTNews) - News Corp. (NWS, NWSA) said that it agreed to sell Foxtel Group to DAZN Group Limited, a premier global sports streaming platform, for Enterprise Value of A$3.4 billion. As per the ...
Sports streaming service DAZN will become Foxtel's new owner in a deal worth $3.4 billion.
News Corp has agreed to sell a majority stake of its pay television business Foxtel to international sports media juggernaut DAZN, the companies announced early Monday morning. The announcement comes ...
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.
Add articles to your saved list and come back to them any time. Rupert Murdoch’s pay TV baby Foxtel is inching closer to a sale with a privately owned British streamer the strongest contender ...
While Foxtel may be currently part of active discussions for a potential acquisition, it recently closed a chapter on its long-standing home at Thomas Holt Drive, North Ryde. Earlier this month staff ...
The future for Foxtel could be all about sport and access to global entertainment streaming apps, with the real probability now emerging the Australian media icon, which pioneered pay TV and ...
British sports streamer DAZN has a limited presence in Australia. It sees Foxtel as a chance to secure AFL and NRL rights — and gain 4.6 million subscribers. Ukrainian-born British billionaire Leonard ...
Here’s how it works. Hailing from the Aussie Cable TV giant, Foxtel Now was launched in 2013 to give customers access to their favourite on-demand content from their smartphones or portable devices.
Foxtel is 65 per cent owned by News Corp, and 35 per cent owned by Telstra. News put its stake in Foxtel up for sale in August when it said there had been “third-party interest” in the group.
UK-based sports streaming platform, DAZN, has tapped the Bank of America as an advisor, as it looks to buy News Corp’s majority stake in Foxtel. This is according to the AFR, which reports the ...
Media reports this week suggest News Corp is close to securing a buyer for Foxtel with streaming platform DAZN, backed by British-Ukrainian billionaire Len Blavatnik. Capital Brief reported, ...