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 ...
Under the terms of the agreement, shareholder loans in the amount of $578 million outstanding and owing to News Corp will be repaid in full in cash at closing. In addition, Foxtel's current debt ...
Rupert Murdoch's News Corp and Telstra have agreed to sell their Australian cable TV and streaming business Foxtel to DAZN, a ...
Loop Capital analysts believe that News Corp selling Foxtel to DAZN is a positive move that could lead to a credit rating ...
News Corp and partner Telstra sold their interest in the Foxtel subscription TV and streaming service to DAZN Group.
News Corp sells Foxtel to DAZN for A$3.4 billion, repays loans, retains 6% equity stake. Focus on growth areas. NWS shares up 0.36% premarket.
The landmark agreement ends News Corp’s 30-year ownership of Foxtel, which launched in 1995 and has in recent years transformed into a streaming powerhouse. Foxtel's junior ownership partner ...
Foxtel has been sold in a blockbuster $3.4 billion deal set to shake up Australia’s media and sport landscape. The landmark agreement ends News Corp’s 30-year ownership of Foxtel, which ...