Bloomberg News

Foxtel’s Bid for Austar Backed After Rights Dropped

April 10, 2012

Foxtel, the Australian pay television company part-owned by Rupert Murdoch’s News Corp. (NWSA:US), will be allowed to buy Austar United Communications Ltd. (AUN) after agreeing to drop exclusive rights to Nickelodeon and National Geographic Channel. Caroline Hyde reports on Bloomberg Television's "First Look." (Source: Bloomberg)

Running time 00:31

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Companies Mentioned

  • NWSA
    (News Corp)
    • $17.45 USD
    • 0.31
    • 1.78%
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