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, ...
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.
Under the terms of the deal, News Corp and Telstra (Australia’s largest mobile network) will become minority shareholders in DAZN, enabling them to retain an interest in Foxtel. More from Deadline ...
DAZN has clinched a deal to acquire Australia’s Foxtel Group from News Corp and Telstra for US$2.2 billion. The platform has some 4.7 million customers. It will continue to be led by CEO Patrick ...
News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA: ASX: NWS, NWSLV) announced today that it has entered into a definitive agreement f ...
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 ...
Australia news organizations, including Rupert Murdoch's News Corp, are expected to benefit from the new rules. Following Jones' announcement, News Corp Australia Executive Chairman Michael Miller ...
The seismic deal between News Corp and DAZN for Foxtel adds another layer of intrigue to a number of upcoming rights ...