News 'looks to partner' Stan via Foxtel

Apr 16, 2019 at 10:22 am by Staff


News Corp Australia is reported to be offering Nine-owned streaming service Stan an alternative to extending its tie-up with Disney, which might then set up its own service.

Nine-owned Sydney Morning Herald has reported that News has approached Nine about a potential partnership between Stan and its majority-owned Foxtel.

Launched in 2015 as a partnership between Fairfax Media and Nine (and now therefore, wholly-owned), Stan is Australia's main local competition against Netflix, with 1.5 million subscribers. It is expected to become profitable by July.

Foxtel had previously partnered Seven West Media in the now-defunct Presto.

News is reported to be one of several companies interested in a partnership.

Sections: Newsmedia industry

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