Rupert Murdoch’s News Corp to sell Foxtel to DAZN for US$2bil
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.
That question was supposed to be settled after Rupert announced his retirement in 2023 and Lachlan was named CEO of the ...
Billionaire Rupert Murdoch’s News Corp. has agreed to sell Foxtel Group to global sports streaming platform DAZN ...
Did the first shoe just drop on the future of Rupert Murdoch’s media empire? According to multiple reports, Murdoch’s News Corp has agreed to sell Foxtel, its Australian cable television ...
As Foxtel navigates expensive sports rights and competes with global digital behemoths, the deal highlights News Corp's push to streamline its portfolio as Rupert Murdoch shapes the future of ...
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