Murdoch's News Corp (NASDAQ:NWS) finalized an agreement to sell its Australian cable television and streaming service, Foxtel, to DAZN— a UK sports streaming giant—for approximately $2.1 billion (~A$3.

DAZN has acquired Australian broadband company Foxtel Group from majority shareholder, Rupert Murdoph's News Corp, in a deal valued at $2.2 billion.

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 exposure to a business up-ended by streaming platforms.