Original article by Dominic White
The Australian Financial Review – Page: 25 : 23-Mar-16

News Corporation would have a 51 per cent stake in the merged Foxtel-Fox Sports if the deal and a proposed IPO of Telstra’s stake in Foxtel proceeds. A second option would be for News to buy out Telstra’s 50 per cent stake in Foxtel. Australian Competition & Consumer Commission chairman Rod Sims says any move by News to increase its stake in Foxtel would attract scrutiny. However, he notes that the media group already has significant influence at Foxtel.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, FOXTEL MANAGEMENT PTY LTD, FOX SPORTS AUSTRALIA PTY LTD, TELSTRA CORPORATION LIMITED – ASX TLS, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, SKY PLC, NETFLIX INCORPORATED, GOLDMAN SACHS AND PARTNERS AUSTRALIA PTY LTD, CITIGROUP PTY LTD, AUSTRALIAN FOOTBALL LEAGUE, NATIONAL RUGBY LEAGUE