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Best Stocks for a Balanced Portfolio AI Enhanced Stock Screening ✌️【Investment Advisor】✌️ Real-time India stock and global stock indices, futures prices, and data to help you make efficient investment decisions. News Corp will gain a board seat and hold a 6% stake in DAZN, a London-headquartered global streaming platform available in North America, Europe and Asia and backed by Ukrainian-born billionaire Len Blavatnik.
DAZN is a broadcasting partner for Italy’s Serie A, Spain’s LaLiga, Germany’s Bundesliga and France’s Ligue 1. It competes against traditional TV and satellite channels and provides access to a range of sports content, including American football, boxing and baseball, over its streaming platform.
“Australians watch more sport than any other country in the world, which makes this deal an incredibly exciting opportunity for DAZN to enter a key market, marking another step in our long-term strategy to become the global home of sport,” said DAZN co-founder and CEO Shay Segev.
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Foxtel, launched by News Corp in 1995, has weighed on the media giant’s profits for years as the number of people who pay monthly subscriptions for its broadcast content switched to cheaper streaming options like Netflix (NFLX).
It has tried to diversify by adding its own streaming services like Kayo, which livestreams local sports Australian Football League and the National Rugby League, to win back sports broadcasting market share. It also shows ESPN.
However, its earnings have suffered with the cost of sports broadcasting rights soaring just as subscriber revenue has shrunk. To help offset the costs, Foxtel often shares rights with free-to-air broadcasters.
“Foxtel’s traditional premium pricing model has long been a point of contention, particularly in an era dominated by more affordable streaming alternatives,” said Paul Budde, an independent telco analyst.
“DAZN’s entry into the Australian market, potentially offering competitive or lower rates, could dramatically shift consumer expectations and reshape the pricing landscape.”
Best Stocks for a Balanced Portfolio AI Enhanced Stock Screening ✌️【Investment Advisor】✌️ Professional investment advisors provide up-to-the-minute market data, helping you analyze stock trends and select high-potential stocks. Achieve capital growth with well-researched strategies based on expert insights. The valuation on Foxtel represents seven times its 2024 earnings before interest, tax, depreciation and amortization, or EBITDA, News Corp said in a statement.
Best Stocks for a Balanced Portfolio AI Enhanced Stock Screening ✌️【Investment Advisor】✌️ Free stock selection services backed by expert predictions. Our advanced analytics and real-time market data will help you stay ahead of the competition and make smart, profitable investment decisions. As part of the deal, shareholder loans valued at 578 million Australian dollars ($362 million) outstanding will be repaid in full and Foxtel’s current debt will be refinanced at closing.
Best Stocks for a Balanced Portfolio AI Enhanced Stock Screening ✌️【Investment Advisor】✌️ Expert market predictions, real-time updates, and personalized investment advice designed to help you succeed. Seize the best investment opportunities in global stocks, metals, and energy markets. News Corp chief executive Robert Thomson said the deal would allow the company to focus on its core operations of Dow Jones, digital real estate and book publishing. News Corp owns 61.4% of online real estate platform REA Group and is the parent company of publisher HarperCollins.
Best Stocks for a Balanced Portfolio AI Enhanced Stock Screening ✌️【Investment Advisor】✌️ Gain access to professional investment advice, free market trend analysis, and real-time stock market data. Make informed decisions and unlock the full potential of your investments with expert predictions and guidance. The deal is due to be finalized in the second half of 2025 and is subject to regulatory approval, News Corp said. Given the overseas ownership of DAZN, the transaction will need to be cleared by Australia’s Foreign Investment Review Board (FIRB).
Blavatnik is a dual US and British citizen and the founder of Access Industries, which has an investment portfolio worth more than $35 billion, according to its website.
Best Stocks for a Balanced Portfolio AI Enhanced Stock Screening ✌️【Investment Advisor】✌️ Precise AI-powered predictions and market insights to guide your stock selection. Use real-time market data, futures trends, and stock indices to make strategic investment decisions for long-term profitability. A spokesperson for Australia’s Treasury, which oversees FIRB, said it did not comment on individual cases.
Best Stocks for a Balanced Portfolio AI Enhanced Stock Screening ✌️【Investment Advisor】✌️ Expert predictions of stock trends to help you select high-potential stocks accurately, along with free real-time market data on stocks, futures, and commodities. Maximize your growth potential by staying updated on market movements. ASX-listed shares of News Corp climbed 3.5% Monday, outperforming a 1.6% rise in the broader market.
Best Stocks for a Balanced Portfolio AI Enhanced Stock Screening ✌️【Investment Advisor】✌️ Free stock market strategies and analysis based on real-time data, empowering you to choose profitable investment options and avoid risks. Our expert predictions will help you stay in tune with the latest market trends. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Stock Selection 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.
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