News Corp. Sells Foxtel Unit to DAZN

Rupert Murdoch's News Corp sells Foxtel to UK's DAZN for $2.1 billion
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.
Murdoch’s News Corp to sell Australian unit Foxtel to Britain’s DAZN for $2 billion
Rupert Murdoch’s News Corp has agreed to sell its Australian cable TV unit Foxtel to British-owned sports network DAZN for 3.4 billion Australian dollars ($2.1 billion) including debt, cutting the media empire’s exposure to a business upended by streaming platforms.
Sports Streamer DAZN Acquires Foxtel From Rupert Murdoch’s News Corp, Telstra In $2.2 Billion Deal
DAZN has acquired Australian broadband company Foxtel Group from majority shareholder, Rupert Murdoph's News Corp, in a deal valued at $2.2 billion.
Rupert Murdoch’s News Corp to sell Foxtel to Britain’s DAZN for US$2.1-billion including debt
News Corp will gain a board seat and hold a 6% stake in DAZN, while the British-owned sports network gains streaming rights to Australian Football League and the National Rugby League
Rupert Murdoch’s News Corp. Sells Australian Foxtel to DAZN for $2.1 Billion
Foxtel is an Australian pay television company that offers cable, satellite, and IPTV streaming services. It sold for $3.4 billion AUD.
Rupert Murdoch's News Corp to sell Foxtel to Britain's DAZN for $2.1 billion
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 his ...
News Corp agrees to sell Foxtel to DAZN for enterprise value of A$3.4B
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
What’s next for Rupert Murdoch’s media empire?
That question was supposed to be settled after Rupert announced his retirement in 2023 and Lachlan was named CEO of the ...
Rupert Murdoch: The king came for his children and missed
It’s long been said that if you come at the king, you best not miss. Well, what happens if you are the king – and you miss?
Yakima Herald-Republic1dOpinion
Other Views: Murdoch family Christmas isn't looking jolly
All happy families are alike; each unhappy family is unhappy in its own way,” begins Leo Tolstoy’s novel Anna Karenina. This ...
Forbes3d
Billionaire Rupert Murdoch’s News Corp Sells Foxtel To DAZN In Deal Valued At $2.1 Billion
Billionaire Rupert Murdoch’s News Corp. has agreed to sell Foxtel Group to global sports streaming platform DAZN ...