Murdoch's News Corp sells Foxtel to DAZN for $2.1 billion
Murdoch's News Corp sells Foxtel to DAZN for $2.1 billion

News Corp has finalized a deal to sell its Australian cable-TV unit, Foxtel, to London-based sports streaming platform DAZN for A$3.4 billion ($2.1 billion), including debt. The move reduces the Murdoch-controlled media conglomerates exposure to traditional cable TV, a business struggling to...