Murdoch’s News Corp to sell Foxtel to Britain’s DAZN for $2.1 billion

Sydney Shul Honors Media Mogul Rupert Murdoch For Pro-Israel Advocacy

Media mogul Rupert Murdoch praised Israel’s resilience and predicted stronger American support under President-elect Donald Trump at a pre-Chanukah event last Friday at Sydney’s Central Synagogue. Speaking before a packed congregation, Murdoch declared, “Israel, over the last four years, has stood alone on the front line of Western democratic civilization, defending shared values with incredible resilience.” He then expressed optimism that with …

DAZN Poised To Acquire Foxtel, Ramping Up Global Impact - Real News Now

DAZN, a prominent player in sports streaming, is set to acquire Foxtel Group from News Corp and Telstra, with an enterprise value of $2.2 billion. This deal is currently pending regulatory approval. DAZN is owned by UK billionaire Len Blavatnik and provides the platform with a new shot at reaching Foxtel’s 4.7 million subscriber base, positioning itself as a global streamer. Foxtel, originally Australia’s premier pay-TV service, covers local and…

Factbox-What does Len Blavatnik’s streaming platform DAZN do?

(Reuters) – Sports streaming platform DAZN has agreed to buy News Corp’s Australian cable TV unit Foxtel for A$3.4 billion ($2 billion) including debt. Here are some details about the company and its owner: WHAT IS DAZN? The London-headquartered platform has over 300 million viewers across 200 markets. It streams several thousand sporting events with 86,000 live events delivered last year, according to its website. DAZN (pronounced “Da Zone”…

Murdoch's News Corp to sell Foxtel to Britain's DAZN

News Corp has agreed to sell its Australian cable TV unit Foxtel to British-owned sports network DAZN for $2 billion including debt, cutting the Murdoch-controlled media empire's exposure to a business up-ended by streaming platforms.