Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

DAZN purchases Foxtel from News Corp for $3.4 billion

**DAZN Acquires Foxtel for $3.4B, Reshaping Australia’s Media Landscape**

Published

on

News Corp and Telstra have agreed to sell Foxtel, the pay television broadcaster and streaming company, to British sports streaming platform DAZN for $3.4 billion.

This transaction is set to significantly impact the local media landscape.

DAZN’s interest was first reported by The Australian Financial Review in November, following News Corp’s announcement to sell its stake after receiving third-party interest.

DAZN co-founder and CEO Shay Segev expressed that this deal presents an exciting opportunity for DAZN to enter the Australian market, which has a strong sports viewership.

News Corp’s CEO Robert Thomson commented that this agreement benefits News Corp shareholders, DAZN, and sports fans globally.

He noted that Foxtel has evolved into a leader in digital and streaming services in Australia and believes DAZN is well-suited to elevate the business further.

New focus

This sale will allow News Corp to concentrate on its other ventures, including Dow Jones and digital real estate.

The deal is expected to close in the latter half of fiscal 2025 and requires regulatory approvals.

Following the sale, News Corp will retain a minority equity interest of about 6% in DAZN, while Telstra will also divest its minority interest in Foxtel and acquire a 3% stake in DAZN.

News

Australia shuts millions of teen social media accounts

Australia’s social media ban leads to 4.7 million teen account closures, prompting debate over online safety and freedom.

Published

on

Australia’s social media ban leads to 4.7 million teen account closures, prompting debate over online safety and freedom.

Nearly five million social media accounts belonging to Australian teenagers have been closed since the nation’s social media ban began in December. Platforms such as Instagram and TikTok were responsible for removing around 4.7 million accounts held by minors, according to the eSafety Commissioner.

Prime Minister Anthony Albanese described the figures as encouraging, highlighting the government’s commitment to protecting children online. The new law holds social media companies accountable, with fines imposed on platforms that fail to prevent underage accounts from being created or maintained.

Despite these measures, some teenagers have reportedly bypassed the restrictions by falsifying their ages or using parental information. The debate continues over the effectiveness of these regulations and the balance between safety and online freedom.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#AustraliaNews #SocialMediaBan #TeenSafety #eSafety #Instagram #TikTok #OnlineProtection #TechLaw


Download the Ticker app

Continue Reading

News

Iran protests and the global fight for freedom

Protests in Iran escalate as citizens demand women’s rights; Rabbi Cooper discusses global solidarity and advocacy efforts.

Published

on

Protests in Iran escalate as citizens demand women’s rights; Rabbi Cooper discusses global solidarity and advocacy efforts.


Amid escalating protests in Iran, citizens are risking everything to demand women’s rights and basic freedoms. The world watches as these demonstrations grow, with many hoping for meaningful change in the face of a brutal regime.

We speak with Rabbi Abraham Cooper from the Simon Wiesenthal Center about the advocacy work supporting Iranian voices and the historical context of defending human rights. He explains the vital role of international solidarity and how governments and communities can respond.

From the human cost on the ground to the influence of the Iranian diaspora in Los Angeles, this interview sheds light on the stakes, the movement, and why public attention is critical.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#IranProtests #HumanRights #WomensRights #FreedomMovement #IranNews #SimonWiesenthal #TickerNews #GlobalSolidarity


Download the Ticker app

Continue Reading

News

Greenland and Denmark signal security divide with the United States

Greenland, Denmark assert Arctic island not for sale, emphasizing cooperation with the US on their own terms.

Published

on

Greenland, Denmark assert Arctic island not for sale, emphasizing cooperation with the US on their own terms.


Greenland and Denmark have used high-level talks in Washington, D.C. to firmly restate that the Arctic island is not for sale, pushing back against long-standing US interest in the strategically vital territory.

Foreign ministers from both Greenland and Denmark acknowledged that major disagreements remain following discussions with US officials, despite what they described as constructive engagement on shared priorities.

Greenland’s government made clear it is open to closer cooperation with Washington, but only on its own terms, rejecting any suggestion of ownership or control.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Greenland #Denmark #UnitedStates #Geopolitics #ArcticPolitics #WorldNews #Security #Ticker


Download the Ticker app

Continue Reading

Trending Now