We’ve heard a few times over the summer that Foxtel owners News Corp and Telstra got one of the deals of the decade.
Couldn’t float it, couldn’t sell it, couldn’t get funding, shareholders at war, little to no growth, under threat from global streaming giants – then they pulled the rabbit out of the hat.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com