Rupert Murdoch’s News Corp Completes Foxtel Group Sale to DAZN

News Corp. Closes $2.1 Billion Foxtel Sale to DAZN Group

Rupert Murdoch’s News Corporation has completed its $2.1 billion sale of Australian pay TV operator Foxtel to DAZN Group. The deal, which received approval from the Foreign Investment Review Board, the Australian Competition and Consumer Commission and other regulatory authorities, will see the Wall Street Journal and Dow Jones owner will take a 6% stake in the U.K.-based sports streamer. News Corp. senior vice president and deputy chief financi…

News Corp Takes 6 Percent Stake in DAZN as $2.1B Foxtel Deal Closes

“We are delighted to be DAZN’s partner and shareholder. And we are pleased to have extra capital strength and optionality.”

Rupert Murdoch’s News Corp Completes Foxtel Group Sale to DAZN

News Corp said Wednesday it has finalized the sale of Australian pay-TV operator Foxtel Group to global sports streaming provider DAZN. It was revealed in December 2024 that DAZN was buying Foxtel Group from majority shareholder News Corp and minority shareholder Telstra in a deal with an enterprise value of $2.2 billion. The transaction, which […]

DAZN to take control of Foxtel as $3.4b deal goes through

The chief executive of the global sports streaming service is in Australia to sign off on the company’s biggest acquisition yet.

News corp stock rises on sale of foxtel group

News Corp. (NASDAQ: NWS), the media corporation established by Rupert Murdoch, finished the sale of Foxtel Group, its Australian cable tv service provider, to DAZN Group, a sports streaming network. As part of the $3.4 billion offer, $592 million in investor loans were paid back to News Corp. Even More, News Corp got a 6% minority equity interest in DAZN and Deputy Chief Financial Officer Andrew Cramer will sign up with the DAZN board. ” Foxtel’…

Foxtel is now a DAZN company

Still the same leadership.