Foxtel’s Price Hikes and Media Shifts | Sydney News

Foxtel’s financial squeeze deepens as it spends over half a billion annually on NRL rights, while Kayo and Binge struggle to generate revenue and cable declines—forcing price hikes to cover costs. Despite missing subscriber targets, Foxtel claims record numbers and is negotiating a pricey new deal with NBCUniversal. Meanwhile, The Guardian Australia, under new editor David Munk, reshapes its newsroom and boosts membership despite falling overall revenue, amid controversy over contract workers. News24 experiments with a “members only” YouTube stream, though early uptake was weak. The Daily Telegraph faces staff exodus and shrinking subscribers, compounding challenges for News Corp. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7940c65288a4354d