News Corp In Talks With Nine Over Stan Venture

News Corp In Talks With Nine Over Stan Venture
SHARE
THIS



It has been reported News Corp has approached Nine about a potential video streaming partnership involving Stan and Foxtel.

Stan is Australia’s main domestic competition against Netflix.

The platform was launched in 2015 as a joint partnership between Fairfax Media and Nine, and currently has 1.5 million subscribers.

Last year in December, the streaming platform signed a deal with Disney that gave it exclusive access to Star Wars and Marvel movies.

Following the Nine and Fairfax merger late last year, Stan is expected to begin turning a profit by July this year.

News Corp previously tried dipping its toes in streaming with the now-inoperative Presto, which was a joint venture between Seven West Media and Foxtel.

According to SMHsources close to Nine have described the conversation around the potential partnership as “general” and that there are several companies looking to make a deal.

Nine denied B&T‘s request for comment.

While Stan may opt for a local partner, industry insiders believe Stan may choose to make a deal with Disney.

There has been speculation that Disney will partner with Stan in order to benefit from its existing subscriber base rather than launch an entirely new Australian platform.

Please login with linkedin to comment

News Corp Nine stan

Latest News

AnalogFolk Hires Senior Creative Content Specialist Naomi Martin
  • Advertising

AnalogFolk Hires Senior Creative Content Specialist Naomi Martin

Global independent creative agency AnalogFolk has added more creative content firepower to its Sydney team with the appointment of award-winning Naomi Martin as senior copywriter and social lead. Martin’s focus will be further building the agency’s creative and strategic capabilities across editorial, branded content, influencers, creation and production. Formerly head of content at IPG Mediabrand’s […]

Apple Set To Bundle Subscription Services
  • Technology

Apple Set To Bundle Subscription Services

Apple unveils latest initiative that is rumoured to have come to Tim Cook while he was scooping the leaves in his pool.

by B&T Magazine

B&T Magazine
SkyBus Welcomes Back NZ Travellers With New Campaign Via Hardhat
  • Campaigns

SkyBus Welcomes Back NZ Travellers With New Campaign Via Hardhat

SkyBus’ latest ‘The Easy Way to Getaway’ campaign via newly awarded creative agency Hardhat aims to give a warm welcome to returning New Zealand travellers, letting them know the airport transfer service is ready and waiting. The win has seen Hardhat lead the charge on SkyBus’ strategy and creative across New Zealand, ensuring confidence in […]

by B&T Magazine

B&T Magazine
Woolworths W23 Longtail UX. From left Will Santow, Longtail UX Co-Founder and Co-CEO; Ingrid Maes, Managing Director W23 and Andreas Dzumla, Longtail UX Co-Founder and Co-CEO. Pictured at Dan Murphys in Mosman. 13th August 2020. Photograph Dallas Kilponen.
  • Technology

Longtail UX Secures $2.25M In Funding From Woolworths Group’s Venture Capital Arm W23

Longtail UX, an Australian founded tech company with 70+ clients across the Americas, EMEA and JAPAC, has today announced a $2.25m supplementary equity raise in partnership with Woolworths Group’s venture capital arm, W23 and Steven Lew-owned group, Global Retail Brands (GRB). The investment builds on the $3m funding round led by Investec through its Investec […]

Enero Posts Net Revenue Increase Of 4.9%
  • Media

Enero Posts Net Revenue Increase Of 4.9%

Forget 2020's plagues, pestilence and famine says Enero, as balance sheet comes out with sweet smell of potpourri.

by B&T Magazine

B&T Magazine