Telstra to maintain Foxtel content

Original article by Damon Kitney
The Australian – Page: 23 & 25 : 19-Jun-17

Some 748,000 Telstra customers now subscribe to Foxtel via the telco, and 75 per cent of its media revenue is generated by reselling the pay-TV service. Telstra chairman John Mullen says the telco is "very committed" to Foxtel, in which it has a 50 per cent stake, and he has stressed the importance of having access to Foxtel content. Meanwhile, Foxtel is set to directly compete with Telstra TV with the looming launch of a rival "puck" video streaming device.

CORPORATES
TELSTRA CORPORATION LIMITED – ASX TLS, FOXTEL MANAGEMENT PTY LTD, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, FOX SPORTS AUSTRALIA PTY LTD, PRESTO ENTERTAINMENT PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM, NETFLIX INCORPORATED, STAN ENTERTAINMENT PTY LTD, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FAIRFAX MEDIA LIMITED – ASX FXJ, ROKU INCORPORATED

Leave a comment