Rupert Murdoch's News Corp. unloads Australian TV provider Foxtel to streaming giant DAZN in a $2.1B deal, shaking up the Aussie media landscape.
beat sheet
The sale marks Murdoch's exit from the Australian pay TV market, as he doubles down on his global media empire's digital transformation.
DAZN, the sports streaming service, sees the Foxtel acquisition as a strategic move to expand its foothold in the Asia-Pacific region and diversify its content offering.
Rupert Murdoch's News Corp. unloads Australian TV provider Foxtel to streaming giant DAZN in a $2.1B deal, shaking up the Aussie media landscape.
beat sheet
The sale marks Murdoch's exit from the Australian pay TV market, as he doubles down on his global media empire's digital transformation.
DAZN, the sports streaming service, sees the Foxtel acquisition as a strategic move to expand its foothold in the Asia-Pacific region and diversify its content offering.