News Corp Announces Agreement to Sell Foxtel to DAZN for …
SYDNEY – December 23, 2024 – News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA: ASX: NWS, NWSLV) announced today that it has entered into a definitive agreement for the sale of Foxtel Group (“Foxtel”) to DAZN Group Limited (“DAZN”), a premier global sports streaming platform.
Murdoch’s News Corp to sell Australian unit Foxtel to Britain’s …
Dec 23, 2024 · 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,...
Rupert Murdoch's News Corp to sell Foxtel to Britain's DAZN for …
Dec 22, 2024 · 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, cutting the Murdoch-controlled media...
News Corp Announces Agreement to Sell Foxtel to DAZN for …
Dec 22, 2024 · Foxtel, which has transformed into a digital and streaming leader in sports and entertainment content under News Corp management, will join DAZN, a global provider of sports streaming, giving...
News Corp sells Foxtel to DAZN in $3.4 billion deal
Dec 22, 2024 · News Corp has announced a landmark agreement to sell Foxtel Group, including Kayo and Binge, to global sports streaming platform DAZN in a deal worth $3.4 billion.
News Corp. & Telstra Agree to Sell Foxtel to DAZN in $2.1 Billion …
Dec 22, 2024 · 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.
DAZN Buys Foxtel Group in $2.2 Billion Deal With News Corp
Dec 22, 2024 · 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 sells Foxtel to DAZN in landmark A$3.4 billion deal
Dec 23, 2024 · News Corp has agreed to sell its majority stake in the Foxtel Group to global sports streaming leader DAZN Group Limited for an enterprise value of A$3.4 billion. The transaction marks a transformative moment in Australian media, positioning Foxtel as a global player in sports streaming while enabling News Corp to streamline its focus on core ...
News Corp sells Foxtel in landmark $3.4 billion deal
Dec 23, 2024 · News Corp, which held a 65% stake, and Telstra, with 35%, initiated the sale after receiving external interest earlier this year. Under the deal, both companies will retain minority stakes in DAZN—6% for News Corp and 3% for Telstra. Foxtel CEO Patrick Delany will remain at the helm, overseeing the transition and future operations under DAZN ...
Foxtel sold to sports streamer DAZN in blockbuster $3.4bn deal
Dec 23, 2024 · Sky News Australia will continue to be owned by News Corp and operated by Foxtel. Under the terms of the deal, Foxtel will repay a $578m loan to News Corp in full and a smaller loan to Telstra.