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Dec 22, 2017

Six threats that Foxtel executives will be watching for in 2018

More people are watching TV on more platforms than ever, but Australia's only pay TV network is struggling. But what are the biggest threats facing Foxtel?

Glenn Dyer — <em>Crikey</em> business and media commentator

Glenn Dyer and Emily Watkins

Crikey business and media commentator / Media reporter

Foxtel CEO Peter Tonagh at an event to win support for federal government changes to media ownership laws at Parliament House in Canberra, Wednesday, May 31, 2017. (AAP Image/Mick Tsikas) NO ARCHIVING

More people are watching TV programs on more platforms than ever, but Australia’s only pay TV network is struggling to keep up. Foxtel’s merger with Fox Sports, given the green light by the ACCC earlier this month (but already on the rocks), will give News Corp a 65% stake of the company. But last week’s dismemberment of 21st Century Fox, offloading many of the Murdoch family’s international entertainment assets to Disney, will add to the financial dangers that Foxtel faces.

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2 thoughts on “Six threats that Foxtel executives will be watching for in 2018

  1. Bill Hilliger

    Oh dear! Foxtel need not worry too much, the LNP government is always ready to tip in and gift millions of taxpayer dollars to Foxtel / NewsCrap whenever the need arises. Gotta keep sweet with Rupert because the election is only 18 months away biased reporting is the only way the LNP survives.

  2. AR

    Anything that bruises the mudorc’s heel is fine with me.