In the US, Hulu + Live TV and sport streaming service Fubo are to merge, with Disney to hold a 70% stake in the joint venture ...

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 ...

S&P/ASX All Ords (ASX: XAO) shares fell 3.2% in December in a weak final month of trading for 2024. Meantime, brokers ...

This is subject to regulatory approvals. Telstra revealed that has agreed to divest its 35% stake in Foxtel to DAZN Group. The telco giant will receive $128 million in cash for repayment of ...

News Corp and Telstra have agreed to sell Foxtel Group to British sports streaming and entertainment company DAZN in a $3.4 ...

As Foxtel navigates expensive sports rights and competes with global digital behemoths, the deal highlights News Corp's push ...

News Corp will have a better earnings profile following its sell down of Foxtel if historical performance is a guide, Goldman ...

Foxtel holds the AFL subscription and streaming rights until the end of 2031, while a similar deal with the NRL expires in ...

The recent announcement of DAZN’s acquisition of Foxtel marks a pivotal moment in Australia’s media and sports landscape.

Minority Foxtel shareholder Telstra Group Ltd. will also sell its stake and own about 3% of DAZN. News Corp.’s Australian-listed shares climbed 3.3% to A$50.66 at the close in Sydney.

News Corp said it expects to close the Foxtel deal in the second half of 2025. Australian telecom Telstra has also sold its 35 per cent stake in Foxtel to DAZN and will receive A$128 million in cash ...