Nine’s problems boil down to its core business – television. At around $1bn a year, it’s costly to run and earnings are ...
Latham landed on several of the biggest deals in the last half of December, while Paul Weiss and Debevoise steered a mega ...
Latham landed on several of the biggest deals in the last half of December, while Paul Weiss and Debevoise steered a mega ...
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 ...
Under the terms of the agreement, shareholder loans in the amount of $578 million outstanding and owing to News Corp will be repaid in full in cash at closing. In addition, Foxtel's current debt ...
NEWS Corp has agreed to sell its Australian cable TV unit Foxtel to British-owned sports network DAZN for A$3.4 billion (S$2.9 billion) including debt, cutting the Murdoch-controlled media empire’s ...
FILE PHOTO: A Foxtel remote control is seen in a store in central Sydney May 26, 2011. REUTERS/Daniel Munoz/File Photo News Corp has agreed to sell its Australian cable TV unit Foxtel to British ...
Rupert Murdoch's News Corp and Telstra have agreed to sell their Australian cable TV and streaming business Foxtel to DAZN, a ...
Foxtel chairman Siobhan McKenna led the transaction on behalf of 65 per cent owner News Corp. Foxtel’s junior partner Telstra was quick to give its support to a possible sale on the right terms.