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Rupert Murdoch's News Corp to sell Foxtel to Britain's DAZN
Loop Capital thinks selling Foxtel will simplify News Corp
Analysts at Loop Capital think News Corp (NASDAQ:NWSA) selling Foxtel-its Australian cable, satellite, and streaming operations-to DAZN was a good move, as the asset is not strategic, and the sale would help simplify the company.
Rupert Murdoch's News Corp to sell Foxtel to Britain's DAZN for $2.1 billion
By Scott Murdoch, Anousha Sakoui and Chandini Monnappa SYDNEY (Reuters) -News Corp has agreed to sell its Australian cable-TV unit Foxtel to British-owned sports network DAZN for A$3.4 billion ($2.1 billion) including debt,
News Corp Offloads Foxtel Subscription TV and Streaming Service
News Corp and partner Telstra sold their interest in the Foxtel subscription TV and streaming service to DAZN Group.
1d
Foxtel had a pay TV monopoly, now it's been sold to billionaire-backed DAZN
News Corp chief Robert Thomson has heralded the deal as 'a victory for News Corp shareholders, DAZN, and sports fans in ...
independentaustralia.net
12h
DAZN buys Foxtel signalling new era for Australian sports streaming
The recent announcement of DAZN’s acquisition of Foxtel marks a pivotal moment in Australia’s media and sports landscape.
8h
Goldman Sachs says the Foxtel sale is good news for News
News Corp will have a better earnings profile following its sell down of Foxtel if historical performance is a guide, Goldman ...
1d
Foxtel sold to sports streamer DAZN in blockbuster $3.4bn deal
Foxtel will be sold to UK based sports streamer DAZN for $3.4 billion in a blockbuster deal set to shake up Australia’s media and sports landscape.
5d
on MSN
How oil money and oligarchs are shaping the sale of Foxtel
Rupert Murdoch’s pay TV baby Foxtel is inching closer to a sale with a privately owned British streamer the strongest ...
4d
Foxtel sale may be announced before Christmas
News Corp is finalising a sale for its majority stake in Foxtel, with reports suggesting that the deal may be announced to ...
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DAZN
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