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Rupert Murdoch's News Corp to sell Foxtel to Britain's DAZN
Rupert Murdoch's News Corp to sell Foxtel to Britain's DAZN for $2.1 billion
News Corp has agreed to sell its Australian cable TV unit Foxtel to British-owned sports network DAZN for A$3.4 billion ($2 billion) including debt, cutting the Murdoch-controlled media empire's exposure to a business up-ended by streaming platforms.
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.
DAZN Buys Australia’s Foxtel in $2.2 Billion Deal With News Corp and Telstra
Sports streaming company DAZN is buying Foxtel Group from News Corp and Telstra in a deal with an enterprise value of $2.2 billion.
MarketWatch
1d
News Corp Cl B stock rises Tuesday, still underperforms market
Shares of
News Corp
Cl B NWS inched 0.90% higher to $31.30 Tuesday, on what proved to be an all-around favorable trading ...
The National Law Review
5d
Generative AI Meets Generative Litigation: News Corp Continues Its Battle Against Perplexity AI
Plaintiffs Dow Jones & Company, Inc., NYP Holdings, Inc., and corporate parent News Corporation have renewed their ...
3d
on MSN
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 ...
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