DAZN has completed its acquisition of Foxtel Group, with the Australian subscription platform set to continue operating as a stand-alone business.
Foxtel, Kayo Sports, BINGE and Hubbl will retain their brand identities under DAZN ownership. “DAZN’s ownership allows the Foxtel Group to remain an Australian-based business, with an Australian team and the sport, drama and entertainment that Australians love,” said CEO Patrick Delany. “As part of DAZN, we now benefit from their global scale, their leading technology platform and their track record in innovation that will allow us to more effectively compete with the global streaming giants. A big part of what drives us at Foxtel is bringing the best sports and the best sports production to our subscribers. We now have the opportunity to take the AFL and NRL, our two largest and most iconic Australian sports, to a massive global audience. For our Australian subscribers, it creates the opportunity to enjoy even more of the world’s best sports.”
Shay Segev, CEO of DAZN, added, “This is an exciting day for DAZN and Foxtel Group and a significant milestone for DAZN as we expand our global footprint into Australia, a key sports market with passionate fans. Foxtel’s strong local presence, combined with DAZN’s global scale, technology and content rights, will unlock incredible opportunities for sports fans, advertisers and partners, while continuing to deliver great drama, lifestyle and news content.”
