‘Really in their hands’: Foxtel head speaks on potential sale

One of Foxtel’s key executives has spoken out about News Corp’s potential sale of the company.

In its quarterly financial statement released last week, News Corp CEO Robert Thomson, announced the move, saying: We are confident in the company’s long-term prospects and are continuing to review our portfolio with a focus on maximising returns for shareholders.

“That review has coincided recently with third-party interest in a potential transaction involving the Foxtel Group, which has been positively transformed in recent years.”

Appearing on an upcoming episode of Mumbrella’s one-on-one podcast – recorded just hours after News Corp released its results – the CEO of Foxtel’s streaming and advertising division, Julian Ogrin, said it will still be business as usual for the group.