DAZN has clinched a deal to acquire Australia’s Foxtel Group from News Corp and Telstra for US$2.2 billion. The platform has some 4.7 million customers. It will continue to be led by CEO Patrick ...

This is subject to regulatory approvals. Telstra revealed that has agreed to divest its 35% stake in Foxtel to DAZN Group. The telco giant will receive $128 million in cash for repayment of ...

Minority Foxtel shareholder Telstra Group Ltd. will also sell its stake and own about 3% of DAZN. News Corp.’s Australian-listed shares climbed 3.3% to A$50.66 at the close in Sydney.

A $3.4b deal has been reached today between UK-based sports broadcasting group DAZN (pronounced da-Zone) and News Corp and Telstra to acquire the Foxtel Group. Here is the press release in its ...

Let's see what analysts are saying about the telco giant this week. The post Are Telstra shares a buy following the Foxtel ...

Rupert Murdoch's News Corp and Telstra have agreed to sell their Australian cable TV and streaming business Foxtel to DAZN, a ...

In its heyday Foxtel was one of Australia's most profitable media companies, reaching nearly one in every three households across the country. It began in 1995 as a partnership between Telstra and ...

News Corp and partner Telstra sold their interest in the Foxtel subscription TV and streaming service to DAZN Group.

News Corp sells Foxtel to DAZN for A$3.4 billion, repays loans, retains 6% equity stake. Focus on growth areas. NWS shares up 0.36% premarket.

Foxtel's junior ownership partner Telstra is offloading its 35 per cent stake as part of the sale. All Fox Sports operations will move across to DAZN. Sky News Australia will continue to be owned ...