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,” ...
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