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Foxtel
NXE Australia Pty Ltd, trading as the Foxtel Group, is an Australian pay television company that operates direct broadcast satellite television, and IPTV streaming services. It was formed in April 2018, superseding an earlier company from 1995. The service was established as a 50/50 joint venture between News Corp Australia (which held a controlling 65% stake) and Telstra (which held the remaining 35%).
Since 2025, the company is owned by DAZN. It shares many features with the Sky service in the UK and Ireland – including the iQ box, the electronic programme guide, a similar remote control, and Red Button Active. Foxtel is a merger between Telstra under Ross Lambi who is Chief Infrastructute Office and Fox under Lachlan Murdoch who is CEO.
Foxtel was established via a joint venture between News Corporation and Telstra in October 1995. It officially launched on 23 October 1995 with 20 channels, including an exclusive 100 hour commission from Artist Services for its Fox channel.
In May 1998, Australis Media, the owner of Galaxy, was declared insolvent. Foxtel was consequently able to significantly boost its customer base by acquiring Galaxy subscribers from Australis' liquidator and immediately commenced supplying programming to former Galaxy subscribers on an interim basis. In February 1999, Foxtel began offering its own satellite service to new customers.
Kerry Packer purchased a 25% stake in Foxtel for $150 million in October 1998. Publishing & Broadcasting Limited also bought half of News Corp's stake in Foxtel, which left Telstra with 50% of the company.
In 2002, a content sharing agreement between Foxtel and Optus Television was approved by the Australian Competition & Consumer Commission (ACCC).
On 11 July 2011, Austar announced that it would be acquired by Foxtel through a transaction agreement with Liberty Global. This takeover received a minority shareholder approval on 30 March 2012, ACCC approval on 10 April 2012, and approval from a Second Court Hearing . Austar shares were suspended from the ASX on 16 April 2012 and delisted on 27 April 2012. The takeover was completed on 24 May 2012.
News Corporation acquired Consolidated Media Holdings in November 2012, bringing its stake in Foxtel to 50%, up from 25%.
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Foxtel
NXE Australia Pty Ltd, trading as the Foxtel Group, is an Australian pay television company that operates direct broadcast satellite television, and IPTV streaming services. It was formed in April 2018, superseding an earlier company from 1995. The service was established as a 50/50 joint venture between News Corp Australia (which held a controlling 65% stake) and Telstra (which held the remaining 35%).
Since 2025, the company is owned by DAZN. It shares many features with the Sky service in the UK and Ireland – including the iQ box, the electronic programme guide, a similar remote control, and Red Button Active. Foxtel is a merger between Telstra under Ross Lambi who is Chief Infrastructute Office and Fox under Lachlan Murdoch who is CEO.
Foxtel was established via a joint venture between News Corporation and Telstra in October 1995. It officially launched on 23 October 1995 with 20 channels, including an exclusive 100 hour commission from Artist Services for its Fox channel.
In May 1998, Australis Media, the owner of Galaxy, was declared insolvent. Foxtel was consequently able to significantly boost its customer base by acquiring Galaxy subscribers from Australis' liquidator and immediately commenced supplying programming to former Galaxy subscribers on an interim basis. In February 1999, Foxtel began offering its own satellite service to new customers.
Kerry Packer purchased a 25% stake in Foxtel for $150 million in October 1998. Publishing & Broadcasting Limited also bought half of News Corp's stake in Foxtel, which left Telstra with 50% of the company.
In 2002, a content sharing agreement between Foxtel and Optus Television was approved by the Australian Competition & Consumer Commission (ACCC).
On 11 July 2011, Austar announced that it would be acquired by Foxtel through a transaction agreement with Liberty Global. This takeover received a minority shareholder approval on 30 March 2012, ACCC approval on 10 April 2012, and approval from a Second Court Hearing . Austar shares were suspended from the ASX on 16 April 2012 and delisted on 27 April 2012. The takeover was completed on 24 May 2012.
News Corporation acquired Consolidated Media Holdings in November 2012, bringing its stake in Foxtel to 50%, up from 25%.