Patrick Delany on why Foxtel’s growth should not come as a surprise to advertisers
After News Corp reported 40% growth in subscribers across Foxtel for the 2021 financial year, Mumbrella’s Zanda Wilson spoke with CEO Patrick Delany about the future of Foxtel and its streaming platforms, as well as its premium set-top services.
After years of doomsayers predicting the demise of Foxtel, the future of the business seems assured, after News Corp reported 40% growth in subscribers across Foxtel for the 2021 financial year.
The streaming focus has been an unarguable success, and though numbers of residential Foxtel customers continue a slow decline (down 5.2%), the growth of Kayo and Binge has been substantial.
Foxtel chief executive officer, Patrick Delany, admits that some in the industry will likely be surprised by the subscriber numbers, but if they didn’t expect it, “they should have”.
