News Corp. Sells Foxtel Unit to DAZN

DAZN Buys Australia's Foxtel in $2.2 Billion Deal With News Corp and Telstra
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, which is subject to regulatory approval,
News Corp. and Australia Telecom Company Telstra Agree to Sell Foxtel to Streaming Sports Platform DAZN in $2.1B 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.
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.
News Corp Announces Agreement to Sell Foxtel to DAZN for Enterprise Value of A$3.4 Billion
News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA: ASX: NWS, NWSLV) announced today that it has entered into a definitive agreement f
News Corp confirms Foxtel sale
After weeks of speculation, News Corp has confirmed the sale of Foxtel Group to UK-based sports streaming platform, DAZN.Announced on Monday, the $3.4 billion deal will be finalised in the second half of 2025,
News Corp Divests Foxtel in A$3.4 Billion DAZN Deal
News Corp has sold its Australian cable TV unit Foxtel to DAZN for A$3.4 billion. This move reduces News Corp's cable business exposure, highlights DAZN's expansion into a sport-loving market, and allows News Corp to refocus on core businesses.
News Corp sells Foxtel to British sports streaming giant in $3.4b deal
The multibillion-dollar deal will dramatically alter the local media landscape and create a rich competitor for sports broadcast deals.
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, Telstra Sell Foxtel to DAZN
Rupert Murdoch's News Corp and Telstra have agreed to sell their Australian cable TV and streaming business Foxtel to DAZN, a British sports streaming platform. The deal valued Foxtel at over $2 billion,
Loop Capital thinks selling Foxtel will simplify News Corp
Analysts at Loop Capital think News Corp (NASDAQ:NWSA) selling Foxtel-its Australian cable, satellite, and streaming operations-to DAZN was a good move, as the asset is not strategic, and the sale would help simplify the company.
News Corp. Strikes $2.13 Billion Deal to Sell Entire Stake in Foxtel to DAZN
News Corp. (NWSA) shares increased early Monday after the company agreed to sell its 65% majority stake in Australian sports and entertainment streaming service provider Foxtel Group to DAZN Group, as part of efforts to simply its structure and optimize its portfolio.
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Billionaire Rupert Murdoch’s News Corp Sells Foxtel To DAZN In Deal Valued At $2.1 Billion
“This agreement is a victory for News Corp shareholders, DAZN, and sport fans in Australia and around the world,” ...
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 ...