Foxtel brings in big gun as it weighs float
Randy Freer, an American executive with close ties to the Murdoch family, is back in the News Corp fold as the pay-TV and streaming group eyes an ASX float.
Source: smh.com.au
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Randy Freer, an American executive with close ties to the Murdoch family, is back in the News Corp fold as the pay-TV and streaming group eyes an ASX float.
Strangely enough, the market applies very little value to the Foxtel pay-TV and streaming business sitting on the News Corp balance sheet, but it could be worth $4 billion in an IPO.