News Corp looks to sell Foxtel pay TV
Full-year results show real estate revenues are strong, Pay TV has plateaued, while the company is putting its faith in a deal with OpenAI.
Rupert and Lachlan Murdoch. News has restructured its media operations in Australia, and is now mulling a sale of Foxtel.
Media giant News Corp is fielding “third party interest” for its pay television and streaming business Foxtel, which has been a longstanding joint venture in Australia with Telstra.
[image src="https://d2xgqyuql1olth.cloudfront.net/assets/Robert-Thomson-NewsCorp-LinkedIn-square-BW-web.gif" id="105755" width="400" height="400"
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