News Corp said it completed the sale of the Foxtel Group to DAZN Group Limited on April 2, 2025. Completion followed DAZN receiving approval from the Foreign Investment Review Board, the Australian Competition and Consumer Commission and other regulators.

8-KOther EventsFiled Apr 2, 2025Period of report Apr 2, 2025Summary published (UTC) Oct 17, 2026

Key points

AI summary

News Corp said it completed the sale of the Foxtel Group to DAZN Group Limited on April 2, 2025. Completion followed DAZN receiving approval from the Foreign Investment Review Board, the Australian Competition and Consumer Commission and other regulators.
The company said that at completion, A$592 million in shareholder loans was repaid to News Corp, and News Corp received a minority equity interest in DAZN of approximately 6%.
Andrew Cramer, News Corp's Senior Vice President and Deputy Chief Financial Officer, joined the DAZN board at completion, the company said. It also said News Corp and its platforms remain committed to supporting Australian sport and entertainment.
Chief Financial Officer Lavanya Chandrashekar said the sale will enable greater focus on core growth pillars, which drove over 95% of Total Segment EBITDA in the fiscal second quarter. The company also said it expects the disposition to be accretive to earnings per share.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Completes Sale of Foxtel Group

News Corp said it completed the sale of the Foxtel Group to DAZN Group Limited on April 2, 2025. Completion followed DAZN receiving approval from the Foreign Investment Review Board, the Australian Competition and Consumer Commission and other regulators.

Source · Based on the filing body and exhibits

Shareholder Loan Repayment and DAZN Stake

The company said that at completion, A$592 million in shareholder loans was repaid to News Corp, and News Corp received a minority equity interest in DAZN of approximately 6%.

Source · Based on the filing body and exhibits

Joins DAZN Board

Andrew Cramer, News Corp's Senior Vice President and Deputy Chief Financial Officer, joined the DAZN board at completion, the company said. It also said News Corp and its platforms remain committed to supporting Australian sport and entertainment.

Source · Based on the filing body and exhibits

What the Company Says the Sale Means

Chief Financial Officer Lavanya Chandrashekar said the sale will enable greater focus on core growth pillars, which drove over 95% of Total Segment EBITDA in the fiscal second quarter. The company also said it expects the disposition to be accretive to earnings per share.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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