Dazn announced Monday that he bought the Australian pay-TV group Foxtel, for about $ 2,200 million (2,107 million euros), due to an agreement that must be approved by the country's authorities.
The Australian News, founded by Rupert Murdoch, and the 'giant' telecommunications Telstra sold their participation in Foxtel with the condition of maintaining a minority presence at Foxtel, according to a statement from the British platform simultaneously in Sydney, London and Nova York.
"Australians see more sport than any other country in the world, which makes this business an exciting opportunity for Dazn to enter a key market. This is another step in our long-term strategy to become the global sports house "Said Shay Segev, CEO (CEO) of the Dazn Sports Transmission Platform.
Segev also added that Dazn is also committed to "exporting Australia's most popular sports to new markets worldwide and continuing to promote female and under-displayed sports," referring to football and Australians rugabi, among others .
However, the Foxtel Group, with about 4.7 million subscribers, explained that Dazn commit to maintaining an Australian headquarters, as well as ensuring that management is detained by places and that sports and entertainment content are produced in Australia, according to a statement published today in its 'sit' on the internet.
The business will also have to be approved by the country's regulatory agencies, such as the Australian Commission of Competition and the Consumer, in a process that should take several months, potentially in the second half of 2025, the text indicates.
News Corp will maintain about 6% and one place in the DAZN Board of Directors in Australia, while Telstra will maintain about 3%, the source said.
Dazn is owned by the Access Industries investment group, founded by Soviet-British entrepreneur Leonard Blavatnik, considered one of the richest men in the world.
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