Walls close in on Foxtel – MacroBusiness

There is no doubt that Foxtel has made important strides in securing its long-term future.
First, Foxtel has significantly lowered its cost base after axing around 270 permanent jobs at the beginning of the coronavirus pandemic.
Second, Foxtel has secured vital exclusive content deals, including beating local rival Stan for Warner Bros, WarnerMedia, HBO and HBO Max content.
Finally, Foxtel launched its low-cost Binge streaming service in late May, which offers compelling drama content and complete…

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