INDUSTRY BRIEF: News Corp’s Foxtel holds the line, but danger looms - Venture Insights

INDUSTRY BRIEF: News Corp’s Foxtel holds the line, but danger looms

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.

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