NWS News: Australian TV company Foxtel put up for sale by News Corp - 9th Aug 2024, 8:49am

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(Reuters) - Australian pay television company Foxtel, controlled by the Murdoch family and partly by local telecom firm Telstra, has been put up for sale post third-party interest and a strategic review, owner News Corp said on Thursday.

Foxtel, which recently launched streaming service Hubbl, is 65% owned by News Corp, while Telstra holds the remaining 35%.

"The company is assessing strategic and financial options for the Foxtel Group, including its capital structure and assets," News Corp sa...

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