The Soviet Union-born businessman made his first billion in the oil industry before reinventing himself as a music mogul. Can ...

News Corp has agreed to sell its Australian cable TV unit, Foxtel, to the British-owned sports network DAZN in a deal valued at A$3.4 billion ($2 billion), including debt. This move reduces the ...

Gift 5 articles to anyone you choose each month when you subscribe. We’ve heard a few times over the summer that Foxtel owners News Corp and Telstra got one of the deals of the decade.

The sale of Foxtel (due to be completed by mid-2025) eliminates a unit where the earnings have been falling at a CAGR of 4% since fiscal 2019. It also reduces capital intensity and frees up the ...

While the rest of the media industry attempted to find some peace and quiet after a hectic year, News Corp had one last surprise in store for 2024: the sale of Foxtel Group to British sports ...

Disney+ is likely to introduce live sports content in Australia in a move that could have major implications for the long-running relationship between Foxtel and sports broadcasting giant ESPN.