Holiday Sale | Save 50%
SubscribeLogin
Holiday Sale | Save 50%
Published

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

  • News Corp and Telstra have agreed to sell Foxtel to DAZN for a total of A$3.4 billion, which includes debt.
  • News Corp will retain a 6% stake in DAZN while Telstra will own 3% of the platform.
  • Foxtel's CEO Patrick Delany will continue in his role after the sale is finalized.
  • The sale represents a shift as Foxtel has struggled with profit due to competition from streaming services like Netflix.
Insights by Ground AI
Does this summary seem wrong?
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 43% of the sources lean Right
44% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

Similar News Topics

Rupert MurdochRupert Murdoch
EuropeEurope
BusinessBusiness
European EconomyEuropean Economy
US EconomyUS Economy
OceaniaOceania
CelebrityCelebrity
Trending Topics
App Store IconPlay Store Icon
CompanyAboutHistoryMissionBlogTestimonialsGroup SubscriptionsSubscribeGiftFree TrialCareersAffiliates
HelpHelp CenterFAQContact UsFor Educators/LibrariesMedia Bias RatingsOwnership and Factuality RatingsReferral CodeNews SourcesTopics
ToolsAppBrowser ExtensionDaily NewsletterBlindspot Report NewsletterBurst Your Bubble NewsletterTimelines
DonatePrivacy PolicyManage CookiesTerms and Conditions
© 2024 Snapwise Inc
News
For You
Search
BlindspotLocal