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Market
What new brand or product will Foxtel introduce under DAZN by December 31, 2025?
3
Resolution / Starting Odds
New Streaming Service • 25%
New Sports Channel • 25%
New Entertainment Channel • 25%
No New Brand/Product • 25%
Official announcements from DAZN or Foxtel, media reports
Story
News Corp Sells Foxtel to DAZN for A$3.4 Billion, Repaying A$578 Million, Including Kayo and Binge
Dec 22, 2024, 11:31 PM
News Corp has finalized an agreement to sell its pay-TV and streaming service Foxtel to the British sports streaming company DAZN for an enterprise value of A$3.4 billion. The deal includes the repayment of A$578 million in shareholder loans owed to News Corp in cash. Foxtel, which encompasses popular brands such as Kayo and Binge, is expected to undergo significant changes under DAZN's ownership, impacting Australia's media and sports landscape. The transaction marks a notable shift in the ownership of the subscription giant, which has been a key player in the Australian market.
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