News Corp sells Foxtel to DAZN Group for $2.1 billion, News Corp to take 6% stake.

From Investing.com: 2024-12-22 18:31:25

News Corp to sell Australian TV unit Foxtel to DAZN Group for $2.1 billion, part of effort to streamline businesses and unlock shareholder value. News Corp to take 6% stake in DAZN, hold board seat. Telstra to sell minority interest in Foxtel for 3% stake in DAZN. Deal allows DAZN entry into Australian market.



Read more at Investing.com: News Corp to sell Australia’s Foxtel to sports streamer DAZN Group for $2.1 bln By Investing.com