Foxtel, a privately owned company headquartered in Australia, is a tier 1 media tech buyer and operates as a subsidiary of DAZN Group. Established in 1995 as a joint venture between News Corp and Telstra, the company employs approximately 2,530 individuals and reported $2.0 billion in revenue as of 2025. Functioning as a subscription media and television broadcasting business, it underwent a structural transition following its US$2.2 billion corporate acquisition by DAZN in April 2025, integrating the company into a UK-headquartered digital framework while maintaining its localized operations. Shifting from legacy linear cable networks, Foxtel specializes in distributing a portfolio of premium sports, drama, and news content via direct-to-home satellite technology and cloud-based internet protocol (IPTV) systems. Its consumer ecosystem services over 4.7 million subscribers through multiple specialized delivery storefronts, including its satellite hardware interface (iQ5), dedicated live-sports engine (Kayo Sports), entertainment-focused streaming layout (BINGE), and its centralized device aggregation platform (Hubbl). Commercially, Foxtel sustains its revenue model through multi-tier consumer subscription tiers, premium high-definition packaging, and targeted B2B digital programmatic advertising handled by its media sales arm, Foxtel Media.
Sports and advertising experts suggest that Foxtel and Channel Nine are unlikely to fully recoup their record $5.3 billion National Rugby League (NRL) broadcast rights costs through advertising revenue alone. This analysis comes after Foxtel, Channel Nine, and Sky NZ confirmed on July 7, 2026, their agreement to control NRL broadcast rights from 2028 to 2034, a deal valued at $5.3 billion over seven years. Previously, on July 10, a Labor MP raised concerns about the effectiveness of the Albanese government’s proposed gambling reforms, referencing the new $5.3 billion NRL media rights deal as a potential counter-indicator. Earlier, on July 9, Foxtel was among several media entities, including Nine, Stan Sport, Southern Cross Media, Paramount, and Network Ten, that competed for the NRL broadcasting rights. This followed Foxtel chief executive Patrick Delany's departure for Sydney Airport immediately after the July 7 press conference that confirmed the NRL broadcast deal.
Foxtel offers 8 products in the media and telecoms services industry. Foxtel's product portfolio comprises of content rights, telecoms and media and TV services.
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Foxtel's revenues were over $1B in 2025. Caretta Research has split Foxtel's revenue into 5 different product categories.
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Foxtel currently holds 72 broadcasting rights for sports competitions including baseball, golf, sports sublicensing, soccer | association football, snooker, darts, sailing, basketball, netball, combat sports, horse racing, rugby league, surfing, motorsports, australian rules football and cricket.
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