News Corp Announces Agreement to Sell Foxtel to DAZN for Enterprise Value of A$3.4 Billion [Yahoo! Finance]
News Corporation - Class A (NWSA)
Last news corporation - class a earnings: 2/6 04:45 pm
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Source: Yahoo! Finance
Foxtel, which has transformed into a digital and streaming leader in sports and entertainment content under News Corp management, will join DAZN, a global provider of sports streaming, giving international exposure to Australian sport, while bringing Australian sports fans greater access to programming from across the globe Enterprise value represents more than 7x Fiscal 2024 Foxtel EBITDA, including repayment of shareholder loans amounting to A$706 million and minority equity interest of approximately 9% in DAZN Transaction enables News Corp to further simplify to drive long-term stockholder value and increase focus on key growth pillars SYDNEY, December 22, 2024 BUSINESS WIRE )--News Corporation ("News Corp" or the "Company") (Nasdaq: NWS, NWSA: ASX: NWS, NWSLV) announced today that it has entered into a definitive agreement for the sale of Foxtel Group ("Foxtel") to DAZN Group Limited ("DAZN"), a premier global sports streaming platform. Under the terms of the agreement, s
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NWSA
Earnings
- 11/7/24 - Beat
NWSA
Sec Filings
- 1/2/25 - Form 8-K
- 12/31/24 - Form 8-K
- 12/30/24 - Form 8-K
- NWSA's page on the SEC website