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News Corp Completes Sale of Foxtel Group to DAZN

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News Corp Completes Sale of Foxtel Group to DAZN

The latest announcement is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).

News Corporation has announced the completion of the sale of its Foxtel Group to DAZN Group Limited. This strategic move could potentially impact News Corp’s market positioning by allowing it to focus more on its core media and information services, while stakeholders may see changes in the company’s operational dynamics and financial structure.

More about News Corporation Shs B Chess Depository Interests repr 1 Sh

News Corporation is a global, diversified media and information services company that focuses on creating and distributing authoritative and engaging content. The company operates in various media sectors, including information services, news, digital real estate services, and book publishing. Headquartered in New York, News Corp primarily serves markets in the United States, Australia, and the United Kingdom, with a worldwide distribution of its content and services.

YTD Price Performance: -2.15%

Average Trading Volume: 189,895

Technical Sentiment Signal: Sell

Current Market Cap: A$25.5B

For an in-depth examination of NWS stock, go to TipRanks’ Stock Analysis page.

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