Foxtel price rise sparks backlash

Original article by Dominic White
The Australian Financial Review – Page: 20 : 15-Mar-16

Pay-TV group has defended its decision to increase the cost of its basic package by $A1 per month to $A26, arguing that it is the first price rise in two years. Foxtel boasts around 2.7 million subscribers, and the modest increase could add about $A30m to its annual revenue. However, some customers complained on social media, noting that Foxtel is raising its prices after losing the English Premier League rights.

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FOXTEL MANAGEMENT PTY LTD, ENGLISH PREMIER LEAGUE, SINGTEL OPTUS PTY LTD, PRESTO ENTERTAINMENT PTY LTD, NETFLIX INCORPORATED, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, TELSTRA CORPORATION LIMITED – ASX TLS, SEVEN WEST MEDIA LIMITED – ASX SWM, STAN ENTERTAINMENT PTY LTD, FAIRFAX MEDIA LIMITED – ASX FXJ, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

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