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News Corp. Sells Foxtel Unit to DAZN
Rupert Murdoch's News Corp sells Foxtel to UK's DAZN for $2.1 billion
Murdoch's News Corp (NASDAQ:NWS) finalized an agreement to sell its Australian cable television and streaming service, Foxtel, to DAZN— a UK sports streaming giant—for approximately $2.1 billion (~A$3.
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.
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.
Rupert Murdoch’s News Corp to sell Foxtel to DAZN for US$2bil
SYDNEY: News Corp has agreed to sell its Australian cable TV unit Foxtel to British-owned sports network DAZN for A$3.4bil (US$2bil) including debt, cutting the Murdoch-controlled media empire’s exposure to a business up-ended by streaming platforms.
Rupert Murdoch’s News Corp to sell Foxtel to Britain’s DAZN for US$2.1-billion including debt
News Corp will gain a board seat and hold a 6% stake in DAZN, while the British-owned sports network gains streaming rights to Australian Football League and the National Rugby League
News Corp agrees to sell Foxtel to DAZN for enterprise value of A$3.4B
News Corp (NWS) announced that it has entered into a definitive agreement for the sale of Foxtel Group to DAZN Group Limited. Under the terms
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
Billionaire
Rupert
Murdoch
’s
News
Corp
. has agreed to sell Foxtel Group to global sports streaming platform DAZN ...
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