TLDR version: News Corp’s results for the December 2023 half show that Foxtel is holding the revenue line despite steadily falling subscriptions to its pay TV service. Price increases for its pay TV and SVOD services have boosted revenue, but SVOD subscription growth is slowing fast as the SVOD market saturates. Further price increases are likely to be modest. We expect a strong focus on advertising to help plug the gap.
Venture Insights is an independent company providing research services to companies across the media, telco and tech sectors in Australia, New Zealand, and Europe.
For more information go to ventureinsights.com.au or contact us at email@example.com.