Nine and Foxtel A$2 billion acquisition of NRL media rights

26/11/2015
Asset acquisition

A$ 2 billion

Completed

26/11/2015


Overview:

  • Nine and Foxtel have acquired NRL's media rights for A$2 billion.
  • The five-year $925 million free-to-air component struck with Nine broke a tradition under which free and pay TV rights have always been negotiated together.  
  • The pay TV rights deal involved Foxtel and its owners News Corporation and Telstra, Australia's largest telecommunications company.  

Katrin Kostadinova - Data analyst 

Jurisdiction:

Australia

Deal type:

Asset acquisition

Practice area:

M&A

Governing law:

Australia

Industry sector:

Media


Firm:

Party: National Rugby League (NRL) (Seller)