Potential Foxtel buyer revealed

Nathan Jolly

November 22, 2024 9:45

A London-based sports streamer is reportedly in talks with News Corp to buy its 65% stake in Foxtel.

According to the AFR, which cites “two people with detailed knowledge of the Foxtel discussions, who spoke on condition of anonymity”, the UK sports streaming platform, DAZN, is looking to buy the network, mostly due to Foxtel’s impressive suite of sporting broadcast rights, and its Kayo Sports platform.

DAZN launched in 2015 and is owned by Access Industries, an investment group founded by billionaire Sir Len Blavatnik. It is a giant in the global sports streaming world, with over 20 million subscribers across 200 countries – with the rights to over 75 different sporting competitions.

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Nathan Jolly

Nathan Jolly is the Features Editor at Mumbrella. He joined the team in July, 2023.