News Corp agrees to sell Foxtel to DAZN
News Corp has agreed to sell a majority stake of its pay television business Foxtel to international sports media juggernaut DAZN.
News Corp has agreed to sell a majority stake of its pay television business Foxtel to international sports media juggernaut DAZN.
News Corp is weighing an offer to sell its 65 percent controlling stake in Australian broadcaster and pay TV platform Foxtel.
The move was announced weeks after its flagship prime-time host Piers Morgan departed for YouTube.
Rupert Murdoch will take on the role of chairman emeritus in November, his companies News Corp and Fox announced on Thursday.
The payment is part of a broader $452 million restitution order connected to a criminal fraud case involving the startup Theranos.