Loading...
Loading...
Browse all stories on DeepNewz
VisitWhat will be the main focus of DAZN's strategy for Foxtel in 2025?
Sports Content Expansion • 25%
Technological Enhancements • 25%
Market Expansion in Asia-Pacific • 25%
Content Partnerships • 25%
Official press releases, interviews with DAZN executives, industry reports
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.
View original story
Increases by more than 10% • 25%
Decreases by more than 10% • 25%
Remains within 10% of current price • 25%
Other • 25%
Expanding streaming services • 25%
Strengthening linear networks • 25%
Mergers and acquisitions • 25%
Cost-cutting measures • 25%
Streaming • 25%
Studios • 25%
Global Linear Networks • 25%
Other • 25%
Attempt another merger with Dish • 25%
Seek merger with another company • 25%
Focus on internal growth strategies • 25%
Sell off assets • 25%
Sports Content • 25%
News Broadcasting • 25%
Entertainment Programming • 25%
Other • 25%
Streaming Platforms • 25%
Film Production • 25%
Television Production • 25%
Other • 25%
Focus on Streaming Expansion • 25%
Focus on Content Production • 25%
Further Divestitures • 25%
Other • 25%
Amazon Prime Video • 25%
HBO Max • 25%
Disney+ • 25%
Other • 25%
Successful new acquisition • 25%
Increased market share without acquisition • 25%
Decline in market position • 25%
No significant change • 25%
Yes, surpasses 65 million • 25%
Between 50 and 65 million • 25%
Between 30 and 50 million • 25%
Below 30 million • 25%
No • 50%
Yes • 50%
No change • 25%
Decrease • 25%
Increase by more than 5% • 25%
Increase by less than 5% • 25%