News Corp. Sells Foxtel Unit to DAZN

DAZN Buys Australia's Foxtel in $2.2 Billion Deal With News Corp and Telstra
Sports streaming company DAZN is buying Australia’s Foxtel Group from majority shareholder News Corp and minority shareholder Telstra in a deal with an enterprise value of $2.2 billion. The deal, which is subject to regulatory approval,
News Corp. and Australia Telecom Company Telstra Agree to Sell Foxtel to Streaming Sports Platform DAZN in $2.1B Deal
News Corp. and Australian telecom film Telstra have struck a deal to sell Aussie media company Foxtel Group to sports streaming platform DAZN in a deal worth about $2.1 billion.
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.
News Corp Divests Foxtel in A$3.4 Billion DAZN Deal
News Corp has sold its Australian cable TV unit Foxtel to DAZN for A$3.4 billion. This move reduces News Corp's cable business exposure, highlights DAZN's expansion into a sport-loving market, and allows News Corp to refocus on core businesses.
News Corp Announces Agreement to Sell Foxtel to DAZN for Enterprise Value of A$3.4 Billion
News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA: ASX: NWS, NWSLV) announced today that it has entered into a definitive agreement f
News Corp confirms Foxtel sale
After weeks of speculation, News Corp has confirmed the sale of Foxtel Group to UK-based sports streaming platform, DAZN.Announced on Monday, the $3.4 billion deal will be finalised in the second half of 2025,
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.
News Corp sells Foxtel to British sports streaming giant in $3.4b deal
The multibillion-dollar deal will dramatically alter the local media landscape and create a rich competitor for sports broadcast deals.
FOXTEL exit a ‘clear positive’ for News Corp. shareholders, says Morgan Stanley
News Corp. (NWSA) will sell payTV business FOXTEL for an enterprise value of A$3.4B, Morgan Stanley tells investors in a research note. FOXTEL
News Corp sells Australian pay-TV group Foxtel to streamer DAZN
News Corp, which owns 65 per cent of the Australian pay-television company, will hold a minority equity stake of 6 per cent in DAZN and have a seat on DAZN’s board of directors. Telstra, the Australian telecommunications group,
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Billionaire Rupert Murdoch’s News Corp Sells Foxtel To DAZN In Deal Valued At $2.1 Billion
“This agreement is a victory for News Corp shareholders, DAZN, and sport fans in Australia and around the world,” ...
OpenAI’s deal with News Corp could distort flow to public, experts warn
While News Corp has signed commercial deals with OpenAI, most local publishers have blocked AI firms from scraping their news ...