A miserable quarter for News Corp has foreshadowed more deep cost-cutting to come.
With surging subscribers and no declining ad revenue to worry about, Netflix is thriving amid the pandemic — and it's not the only one.
The TV networks were already struggling before the coronavirus hit, and unless they start thinking strategically, they'll continue on a collision course towards irrelevance.
It's a remarkable achievement to trash something that was once so popular.
Foxtel's subscriber numbers continue to trouble News Corp amid the rise of streaming rivals.
News Corp is shelling out hundreds of millions of dollars in loan repayments for Foxtel. If the banks don't start helping out, News Corp shareholders will keep footing the bill.
Questions about Foxtel's ailing financial health swarm ahead of News Corp's June results, released this week.
Foxtel's Netflix deal grabbed headlines yesterday, but of greater interest around the pay TV operator is the $900 million in loan repayments due this year.