Kayo loses subscribers, pressure increases on Foxtel

Max MasonSenior courts and crime reporter

Feb 7, 2020 – 10.02am

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News Corp chief executive Robert Thomson has blamed cricket for the shock slump in subscribers for Foxtel's sports streaming service, Kayo, a little over a year after its launch.

Kayo – identified as the pay television platform's growth pillar – delivered a disappointing result for Foxtel at News Corp's financial results on Friday, sliding 32,000 paying subscribers between November 5 and February 5.

Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason