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1. www.abc.net.au › news › 2024/08/09News Corp is looking to sell off Foxtel, chief executive ...

   www.abc.net.au › news › 2024/08/09

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   Aug 9, 2024 · Local pay television platform Foxtel is up for sale, News Corp global chief executive Robert Thomson has revealed after the company delivered its full year earnings results.

2. www.afr.com › companies › media-and-marketingNWS ASX: News Corp puts Foxtel up for sale after reviewing ...

   www.afr.com › companies › media-and-marketing

   Aug 9, 2024 · Any sale of Foxtel would have a flow-on effect on long-term content deals, multibillion-dollar sports rights packages, and more. News Corp is being advised by Goldman Sachs, which declined to comment.

3. www.news.com.au › finance › businessFoxtel could be up for sale after third party interest in the ...

   www.news.com.au › finance › business

   Aug 9, 2024 · Foxtel could be up for sale after third party interest in the News Corp owned television company. Publishing giant News Corp has revealed it is considering selling Australian pay television ...

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5. www.afr.com › companies › media-and-marketingFinancial manoeuvring shows Foxtel machinations as News ...

   www.afr.com › companies › media-and-marketing

   5 days ago · News Corp has put Foxtel up for sale, ... Goldman Sachs, is running a dual-track process for a sale or refinancing of Foxtel’s borrowings. Lachlan Murdoch has put Foxtel – or its debt – up ...

6. thenewdaily.com.au › 08 › 09‘Writing on the wall’: Why News Corp looks set to sell Foxtel

   thenewdaily.com.au › 08 › 09

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   Aug 9, 2024 · Foxtel has adapted by launching its own streaming platforms, including Kayo and Binge, and more recently aggregating such services with its latest business venture Hubbl.

7. www.reuters.com › business › media-telecomNews Corp considers selling Australia pay TV and streaming ...

   www.reuters.com › business › media-telecom

   Aug 8, 2024 · A sale of Foxtel would relieve News Corp, which holds most of the Murdoch family's print mastheads like the Wall Street Journal and book publisher HarperCollins, of a business that looms large on ...

8. People also ask

   Is Foxtel up for sale?

   • What's next? Telstra said there is no assurance around the "timing of any action or transaction". Local pay television platform Foxtel is up for sale, News Corp global chief executive Robert Thomson has revealed after the company delivered its full-year earnings results.

   News Corp is looking to sell off pay TV and streaming service Foxtel

   www.abc.net.au/news/2024-08-09/news-corp-is-looking-to-sell-off-foxtel/104203940

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   Is Foxtel open to a sale?

   • Potential buyers are circling for Australian pay TV platform Foxtel as owner News Corp indicated it is open to a sale.

   News Corp puts Foxtel up for sale as revenue lifts - The New Daily

   thenewdaily.com.au/news/2024/08/09/news-corp-foxtel-sale

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   Will News Corp sell Foxtel?

   • Mr Thomson reportedly said News Corp had no “imminent intent” to sell Foxtel but are reviewing potential strategic and finical options for the business. The report revealed Foxtel Group experienced “strong streaming performance”, ending the fiscal year with more than 3.2m total paying streaming subscribers.

   News Corp could sell Foxtel following third party interest in the

   www.news.com.au/finance/business/media/foxtel-up-for-sale-after-third-party-interest-in-the-news-corp-owned-television-company/news-story/57df05b503fd3208123050d720835f16

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   Who owns Foxtel?

   • News Corp owns 65 per cent of Foxtel, with the remainder owned by Telstra. In a statement, a Telstra spokesperson said the company has noted News Corp "are assessing strategic and financial options for the Foxtel Group".

   News Corp is looking to sell off pay TV and streaming service Foxtel

   www.abc.net.au/news/2024-08-09/news-corp-is-looking-to-sell-off-foxtel/104203940

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   How much is Foxtel worth?

   • News Corp chairman Lachlan Murdoch. The company has put its cable tv arm Foxtel on the market. The sale could value the business at $1 billion and comes in the same week that big broadcasters Warner Bros. Discovery and Paramount Global had more than $US15 billion ($22.8 billion) wiped off the value of their cable TV networks.

   NWS ASX: News Corp puts Foxtel up for sale after reviewing its assets

   www.afr.com/companies/media-and-marketing/news-corp-puts-foxtel-up-for-sale-20240809-p5k0yv

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   What if Foxtel was bought by Murdoch & HarperCollins?

   • A sale of Foxtel would relieve News Corp, which holds most of the Murdoch family's print mastheads like the Wall Street Journal and book publisher HarperCollins, of a business that looms large on the Australian media landscape but has faced disruption from cheap, narrow-margin streaming rivals.

   News Corp considers selling Australia pay TV and streaming unit

   www.reuters.com/business/media-telecom/australian-tv-company-foxtel-put-up-sale-by-news-corp-2024-08-08/

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9. thenewdaily.com.au › 08 › 09News Corp puts Foxtel up for sale as revenue lifts

   thenewdaily.com.au › 08 › 09

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   Aug 9, 2024 · Foxtel lost 131,000 residential broadcast subscribers but this was more than offset by an increase in subscriptions at Binge and Kayo, with revenue up one per cent. For the full-year, News Corp ...