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Foxtel (Australia)

Australian pay TV company Foxtel is jointly owned by Telstra and News Corp Australia. The SVoD service Presto was shuttered in early 2017, merging it Foxtel Now, going on to launch a dedicated live sports streaming Kayo Sports in late 2018. Operations and figures: Media revenue at Foxtel parent company Telstra for the year period ended June 2019, excluding cable, decreased by 7.2% to AU$797 million due to the performance of Foxtel, which saw revenue decline 5.4% to AU$664 million. The company experienced 60,000 subscriber exits during the period, reflecting a broader industry transition from broadcast to IPTV. Telstra also has 2.6 million nbn broadband subscribers, gaining 659,000 between June 2018 and June 2019. Technology suppliers: Foxtel has historically used…

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