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Update: Foxtel SVOD growth can’t prevent major restructure - Venture Insights

Report Overview

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Update: Foxtel SVOD growth can’t prevent major restructure

PublisherVenture Insights.
Publish Date August 13, 2020
Sector Media.

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Buy this Report

Last year we reported on Foxtel’s battle with its OTT rivals, and its attempt to capture a share of the OTT market. In 2019, we had a number of concerns about Foxtel. With the release of the News Corp FY20 results on 11 August 2020, this report examines whether our concerns were justified. In summary, we think that the last twelve months have largely borne them out, with the exception of Kayo cannibalisation.

Contents

Key Takeaways

Introduction

Subscriber base

Our take

SVOD offer and competition

Our take

Foxtel’s cost base

Our take

Kayo

Our take

List of charts/tables

Figure 1. Foxtel subscriptions by service, FY19-20 (000s)

Figure 2. Foxtel broadcast pay TV ARPU (A$)

Figure 3. Pricing of Australian sport packages