Piers Morgan, a well-known TV presenter, has left News Corp, the company owned by Rupert Murdoch. He decided to focus more on his YouTube channel called “Piers Morgan Uncensored,” which has 3.63 million subscribers and over 1,500 videos. On this channel, he shares strong opinions and interviews with interesting people.
Even though Piers has left, Rupert Murdoch will still have a share in the YouTube channel until 2029.
In other news, News Corp just decided to sell its Australian TV business called Foxtel to a British sports company named DAZN for A$3.4 billion (which is about $2.1 billion in U.S. money). With this deal, News Corp will get a spot on DAZN’s board and own 6% of the company. DAZN will also get the rights to show Australian Football League and National Rugby League games. This move shows how News Corp is trying to focus on different parts of its business as streaming has changed the media world.
Analysts believe that Foxtel did not perform as well as other News Corp businesses, but they think the price for Foxtel is surprisingly good.
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