NewsBite

Saudi Arabia nears deal to take big stake in Foxtel’s new owner DAZN

Kylar Loussikian
Kylar LoussikianDeputy editor – business
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Saudi Arabia’s sovereign wealth fund is in discussions to take a stake of up to 10 per cent in global streaming business DAZN, a deal that would hand the Persian Gulf kingdom an influential voice in Australian broadcaster Foxtel.

DAZN, which specialises in sports streaming, is controlled by British businessman Len Blavatnik and last month agreed to buy Foxtel from News Corp and Telstra in a deal it said valued the local group at $3.4 billion.

Loading...
Kylar Loussikian is the Financial Review’s deputy editor – business. Email Kylar at kloussikian@afr.com
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

License article

Read More

Latest In Media & marketing

Fetching latest articles

Most Viewed In Companies

    The Australian Financial Review Magazine

    Oraterra’s chief winemaker Wilco Lam is inspired by place and heritage.

    BOSS Financial Review

    Some workers are taking advantage of working from home on a Friday, and heading to the beach.

    Life & Leisure

    AG meat master Martin Kjäll

    Rich List

    Andrew Roberts.

    Original URL: https://www.afr.com/companies/media-and-marketing/saudi-arabia-nears-deal-to-take-big-stake-in-foxtel-s-new-owner-dazn-20250115-p5l4gr