Publishing giant News Corp has put Foxtel up for sale following 'third party interest' in the Australian pay television company. In an update on the companies financial results for the 2024 fiscal ...

Foxtel is an Australian pay television company that offers cable, satellite, and IPTV streaming services. It sold for $3.4 billion AUD.

Foxtel could be up for sale after third party interest in the News Corp owned television company. Publishing giant News Corp has revealed it is considering selling Australian pay television ...

News Corp CFO Lavanya Chandrashekar said: “The sale of Foxtel is significant for News Corp, and will enable greater focus on our core growth pillars, which drove over 95 percent of total segment ...

About Foxtel. The Foxtel Group is one of Australia's leading media companies with 4.7 million subscribers. Its businesses include subscription television, streaming, sports production and advertising.

Foxtel for sale. 9 August 2024 · News This isn’t strictly speaking a radio story, but it could be. News Corp is perhaps selling its 65% interest in Foxtel.The other 35% is owned by Telstra.. In News ...

News Corp (NWS) announced that it has entered into a definitive agreement for the sale of Foxtel Group to DAZN Group Limited. Under the terms of the agreement, shareholder loans in the amount of A ...

Foxtel is 65 percent owned by News Corp., while Australian telecom company Telstra holds the remaining 35 percent. Telstra has yet to comment publicly on the potential sale.

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.

At the end of June 2024, 69% of Foxtel's paid subscribers streamed, compared with 46% for Sky. Sports streaming accounted for 33% of Foxtel's subscribers, compared with 18% for Sky.

In today’s news, News Corp puts Foxtel up for sale, Macquarie’s Viktor Shvets shares a lesson from the “mini heart attack” on markets, and a Sydney home eyes a north shore record.