News Corp is considering selling its stake in Australian pay TV and streaming operator Foxtel.
Rupert Murdoch’s News Corp said it was mulling the deal in a trading update for its fourth quarter.

Robert Thomson, News Corp Chief Executive, said that potential buyers had emerged for Foxtel during a review of the company’s assets.
“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,” Thomson said.
Foxtel Group operates legacy cable and satellite TV businesses in Australia, as well as sports streamer Kayo, entertainment streaming platform Binge, and OTT streaming aggregator Hubbl.
Like many legacy media companies, it has been challenged by the arrival of global streaming platforms such as Netflix, Disney+ and Prime Video.
News Corp reported a revenue growth of 6% to $2.58bn in the fourth quarter, which the company attributed to the performance of its Dow Jones unit, real estate listing and book publishing businesses.
But revenue from its news media unit, which includes Foxtel owner News Corp Australia, News U.K., and the New York Post, dropped 5% amid a decline in advertising and subscription revenues.
Foxtel is 65% owned by News Corp, while Australian telecom company Telstra holds the remaining 35%.

TV set is primary device for YouTube viewing, says CEO Neal Mohan
The television set is now the primary device for YouTube viewing in the US, according to the company’s CEO Neal Mohan.

Tell Media strengthens leadership team, opens Kuala Lumpur office
UK-based sports production company Tell Media has strengthened its senior leadership team and also opened a new office in Kuala Lumpur to service the Southeast Asia market.

NEP Group reorganises European operations
NEP Europe has unveiled a new organisational structure for its northern, mid and southern European businesses.

Kickstart Day 2025: Evolution of the Control Room wins Project of the Year
The IBC Accelerator Media Innovation Programme has announced the ‘Evolution of the Control Room’ as the winner of the prestigious 2024 Project of the Year Award.
ITV brings golf back to free-to-air TV in UK
Elite golf is returning to free-to-air television in the UK after Saudi Arabia-backed league LIV Golf struck a broadcast partnership with ITV for the 2025 season.