News Corp’s pay TV and streaming company Foxtel – the broadcaster of NRL, AFL and cricket – has been sold to international sports streaming platform DAZN – a British company backed by a Russian-born billionaire and with links to Saudi Arabia’s Public Investment Fund.
DAZN’s majority shareholder is Access Industries, owned by Soviet-born Sir Len Blavatnik, who is a British and US citizen. The sale is worth $3.4 billion.
The news comes a day after DAZN made headlines and enraged users for streaming issues at the start of Sunday’s Tyson Fury vs Oleksandr Usyk fight.
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