Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Finance > Murdoch's News Corp to sell Foxtel to Britain's DAZN

Finance

Murdoch's News Corp to sell Foxtel to Britain's DAZN

Published by Global Banking and Finance Review

Posted on December 22, 2024

Featured image for article about Finance

(Reuters) - Rupert Murdoch's News Corp said on Monday it would sell its Australian cable TV and streaming unit Foxtel to British over-the-top sports streaming and entertainment platform, DAZN for A$3.4 billion ($2.13 billion), including debt.

($1 = 1.5997 Australian dollars)

(Reporting by Rishav Chatterjee in Bengaluru; Editing by Jamie Freed)

More from Finance

Explore more articles in the Finance category

Carnival Corp sees strong annual profit, resumes dividend as bookings rise

London's FTSE 100 climbs as miners, defence outperform in data-heavy week

Italy sells digital payment unit PagoPA to Poste, state mint for up to 500 million euros

Court in Brazil's Minas Gerais slaps down Nestle copyright lawsuit

German court jails man for drugging, raping wife, posting assaults online

UniCredit issues its first tokenised structured note

UK competition watchdog to probe AB Foods' Hovis purchase

Trump said he has no bigger healthcare plans: Obamacare will 'repeal itself'

Analysis-Spanish consumer credit hits near 18-year high on economic boom

NATO sees positive signs Czech ammunition scheme for Kyiv may continue

Maersk tests Red Sea route as Gaza ceasefire offers hope

Russia's tax proceeds from oil may fall in January to the lowest since 2022, Reuters calculations show

View All Finance Posts