Billionaire Len Blavatnik Backed DAZN Buys Australia’s Foxtel in US$2.2 Billion Deal
Foxtel, the pay TV and streaming company controlled by News Corp, has been sold to DAZN, a sports streaming platform owned by one of the world's wealthiest individuals, Sir Len Blavatnik, for an enterprise value of $2.2 billion. As part of the agreement, News Corp will retain a 6% minority...