News Corp chief Robert Thomson has heralded the deal as 'a victory for News Corp shareholders, DAZN, and sports fans in Australia and around the world'.
News Corp has finally found a buyer for its storied pay TV offering. But what does the future hold for viewers, staff and sports deals?
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 at $2.2 ...
News Corp and Australian telecom company Telstra have agreed to sell their jointly owned pay television company, Foxtel, to sports streaming service DAZN Group in a deal that values Foxtel at around ...
Sports streaming company DAZN is buying Australia’s Foxtel Group from majority shareholder News Corp and minority shareholder ...
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).
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Billionaire-backed sports streamer buys Foxtel
News Corp-controlled pay TV and streaming company Foxtel has been sold to DAZN for an enterprise value of $3.4 billion.
DAZN has clinched a deal to acquire Australia’s Foxtel Group from News Corp and Telstra for US$2.2 billion. The platform has some 4.7 million customers. It will continue to be led by CEO Patrick ...
In the US, Hulu + Live TV and sport streaming service Fubo are to merge, with Disney to hold a 70% stake in the joint venture ...
News Corporation has sold Foxtel to global sports streaming platform DAZN Group. Under the terms of the agreement, shareholder loans of $578 million owing to News Corp will be repaid in full in cash.
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.
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.