Media

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 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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