DAZN, the global sports entertainment platform, announced the completion of its acquisition of Foxtel Group, marking a major milestone in its expansion into the Australian market. Foxtel Group, Australia’s premier subscription television provider, will continue to operate as a standalone business while benefiting from the UK-based DAZN’s global reach, market-leading technology, and investment in sports entertainment innovation.
Foxtel, Kayo Sports, BINGE, and Hubbl will retain their brand identities, continuing to produce the world-class programming, sports coverage and entertainment that Australians know and love.
Shay Segev, CEO of DAZN, said: “This is an exciting day for DAZN and Foxtel Group and a significant milestone for DAZN as we expand our global footprint into Australia, a key sports market with passionate fans. Foxtel’s strong local presence, combined with DAZN’s global scale, technology, and content rights, will unlock incredible opportunities for sports fans, advertisers, and partners, while continuing to deliver great drama, lifestyle and news content.”
Patrick Delany, CEO of Foxtel Group, said: “DAZN’s ownership allows the Foxtel Group to remain an Australian-based business, with an Australian team and the sport, drama and entertainment that Australians love. As part of DAZN, we now benefit from their global scale, their leading technology platform and their track-record in innovation that will allow us to more effectively compete with the global streaming giants."
“A big part of what drives us at Foxtel is bringing the best sports and the best sports production to our subscribers. We now have the opportunity to take the AFL and NRL, our two largest and most iconic Australian sports, to a massive global audience. For our Australian subscribers, it creates the opportunity to enjoy even more of the world’s best sports.”
The integration process will be phased, ensuring a seamless transition for employees, partners, and customers. Foxtel will be known as “a DAZN Company,” reinforcing its connection to a global leader in sports entertainment.