Foxtel’s Tonagh looks within for TV content

Original article by David Swan
The Australian – Page: 22 : 17-Nov-16

Pay-TV group Foxtel could start producing its programs in-house instead of simply licensing them, according to CEO Peter Tonagh. He says the cost of Foxtel’s content is continuing to rise, adding that the company intends to redirect more of its expenditure to exclusive content. Tonagh has also told the Screen Forever conference that there has been an increase in Foxtel subscriptions over the last 12 months, while Netflix subscriptions have fallen. He added that some consumers have cancelled their Netflix or Stan subscription after signing up to Foxtel.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, NETFLIX INCORPORATED, STAN ENTERTAINMENT PTY LTD, PRESTO ENTERTAINMENT PTY LTD, HBO

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