Foxtel

Australian pay-television provider Foxtel has confirmed that it will cut the price of its basic cable-television subscriptions by a half and will freeze the price of its sports package.

Australia’s Communications Minister Malcolm Turnbull has warned media platforms that no changes will be made to television sports rights restrictions without a consensus between free-to-air and pay television operators.

Ten chief executive Hamish McLennan has said the commercial broadcaster is keen to regain rights to the Australian Football League, the top division of Aussie rules in Australia.

The Multi Channel Network (MCN), a joint venture between the Foxtel, Austar, Premier Media Group and XYZ Networks media companies, has launched a new sports division.

The V8 Supercars motor-racing series has agreed domestic rights deals with Australian commercial broadcaster Ten Network, pay-television operator Foxtel and pay-television broadcaster Fox Sports.

Analysts claim that Australian commercial broadcasters Seven and Ten overpaid for Australian Football League rights