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DAZN secures control of News Corp's Foxtel as $2.1 billion deal goes through

Published by Global Banking & Finance Review

Posted on April 2, 2025

1 min read

· Last updated: January 24, 2026

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DAZN secures control of News Corp's Foxtel as $2.1 billion deal goes through

DAZN Completes $2.1 Billion Acquisition of Foxtel from News Corp

(Reuters) - Rupert Murdoch's News Corp on Wednesday said it completed the sale of its Australian cable-TV business Foxtel to British-owned sports network DAZN in a A$3.4 billion ($2.14 billion) deal.

($1 = 1.5883 Australian dollars)

(Reporting by Rishav Chatterjee in Bengaluru; Editing by Varun H K)

Key Takeaways

  • DAZN acquires Foxtel from News Corp for $2.1 billion.
  • The deal is valued at A$3.4 billion.
  • Foxtel is an Australian cable-TV business.
  • DAZN is a British-owned sports network.
  • The transaction was completed on Wednesday.

Frequently Asked Questions

What is the main topic?
The main topic is DAZN's acquisition of Foxtel from News Corp for $2.1 billion.
Who acquired Foxtel?
Foxtel was acquired by DAZN, a British-owned sports network.
How much was the Foxtel deal worth?
The deal was valued at A$3.4 billion, equivalent to $2.1 billion.

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