Original article by Max Mason
The Australian Financial Review – Page: Online : 4-Sep-18

Pay television provider Foxtel has advised that its basic service will increase by 11.5 per cent to $A29 per month as from 1 October. The increase, which is the first in two years, is more than five times Australia’s inflation rate. Its sports package will remain at $29 per month, while Foxtel’s platinum packages will increase by $2 to $139 per month. Foxtel had 2.8 million subscribers as of 30 June, while rising programming costs and increased investment in new technology were cited as the reason for its subscription increase.

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FOXTEL MANAGEMENT PTY LTD, NEWS CORPORATION – ASX NWS, TELSTRA CORPORATION LIMITED – ASX TLS, NATIONAL RUGBY LEAGUE, STAN ENTERTAINMENT PTY LTD, NETFLIX INCORPORATED, SEVEN WEST MEDIA LIMITED – ASX SWM, AUSTRALIAN FOOTBALL LEAGUE, CRICKET AUSTRALIA