The Guardian

News Corp and Telstra agree sale of Foxtel to sports streaming service DAZN for US$2.2bn

News Corp and Telstra agree sale of Foxtel to sports streaming service DAZN for US$2.2bn



Pay TV channel sells along with the streaming services Kayo and Binge, subject to regulatory approvalGet our breaking news email, free app or daily news podcastNews Corp and Telstra will sell Foxtel in a US$2.2bn (A$3.4bn) deal, the comanies announced on Monday.DAZN, a global sports streaming service, has agreed to buy a majority stake in the Australian pay television business, including the Kayo and Binge streaming services and the new Hubbl platform, subject to regulatory approval. Continue reading…



Source link : https://www.theguardian.com/media/2024/dec/23/news-corp-and-telstra-agree-sale-of-foxtel-to-sports-streaming-service-dazn-for-us22bn

Author : Luca Ittimani

Publish date : 2024-12-22 23:52:30

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