DAZN has clinched a deal to acquire Australia’s Foxtel Group from News Corp and Telstra for $2.2 billion. The platform has some 4.7 million customers. It will continue to be led by CEO Patrick ...
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 ...
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.
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.
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 ...
(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 ...
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.
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 ...
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 ...