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Rupert Murdoch’s News Corp. Sells Australian Foxtel to DAZN for $2.1 Billion
The WrapStory by Bruce Haring
scrn logline
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.
call sheet
Rupert Murdoch, News Corp, DAZN, Foxtel