News Corp Says It Has Received Interest From Buyers in Foxtel

Yet the company said it was not motivated to offload the Australian cable service.
News Corp Says It Has Received Interest From Buyers in Foxtel
The News Corp. building on 6th Avenue, home to Fox News, the New York Post, and the Wall Street Journal in New York on March 20, 2019. Kevin Hagen/Getty Images
Rex Widerstrom
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News Corp CEO Robert Thomson has announced that there is “third party interest” in Foxtel, and that the company is evaluating options for the business with advisors in light of “external interest.”

The CEO did not indicate where the interest came from, but some U.S. media analysts believe it may be from private equity groups.

Rex Widerstrom
Rex Widerstrom
Author
Rex Widerstrom is a New Zealand-based reporter with over 40 years of experience in media, including radio and print. He is currently a presenter for Hutt Radio.
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