Foxtel’s Bid for Austar Backed After Rights Dropped

Foxtel’s Bid for Austar Backed After Rights Dropped Play

April 10 (Bloomberg) -- Foxtel, the Australian pay television company part-owned by Rupert Murdoch’s News Corp., will be allowed to buy Austar United Communications Ltd. after agreeing to drop exclusive rights to Nickelodeon and National Geographic Channel. Caroline Hyde reports on Bloomberg Television's "First Look." (Source: Bloomberg)

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