News Corp and Telstra have agreed to sell Foxtel to British sports streaming platform DAZN in a deal that values the pay television broadcaster at $3.4 billion and will reshape the local media industry.
DAZN’s interest in Foxtel was first reported by The Australian Financial Review in November. Two months earlier, News Corp put its stake in the business up for sale following “third-party interest” in the broadcaster.
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Zoe Samios covers wagering and the business of sport from the AFR's Sydney newsroom. She was previously the media and telecommunications reporter for The Sydney Morning Herald and The Age, and covered media at The Australian. Connect with Zoe on Twitter. Email Zoe at zoe.samios@afr.com
