{"id":90243,"date":"2024-12-23T01:07:32","date_gmt":"2024-12-23T06:07:32","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=90243"},"modified":"2024-12-23T01:27:57","modified_gmt":"2024-12-23T06:27:57","slug":"murdochs-news-corp-to-sell-foxtel-to-britains-dazn-for-2-1-billion","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2024\/murdochs-news-corp-to-sell-foxtel-to-britains-dazn-for-2-1-billion.html","title":{"rendered":"Murdoch\u2019s News Corp to sell Foxtel to Britain\u2019s DAZN for $2.1 billion"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/NWSA\/\">News Corp<\/a>\u00a0and <a href=\"https:\/\/www.cnbc.com\/quotes\/TLS-AU\/\">telco Telstra<\/a> have agreed to sell their Australian cable TV and streaming company Foxtel to British sports platform DAZN, valuing the struggling business at A$3.4 billion ($2.1 billion), including debt. As part of the deal, shareholder loans valued at A$578 million outstanding will be repaid in full and Foxtel\u2019s current debt will be refinanced at closing.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/12\/23\/murdochs-news-corp-to-sell-foxtel-to-britains-dazn-for-2point1-billion.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) News Corp\u00a0and telco Telstra have agreed to sell their Australian cable TV and streaming company Foxtel to British sports platform DAZN, valuing the struggling business at A$3.4 billion ($2.1 billion), including debt. As part of the deal, shareholder loans [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-90243","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=90243"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90243\/revisions"}],"predecessor-version":[{"id":90244,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90243\/revisions\/90244"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=90243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=90243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=90243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}