News Corp gets stake in Asian football biz

March 14, 2018

News Corp is taking a stake in a video service co-owned by some of the world's top football clubs.

News Corp is offloading a football highlights mobile app in a deal that will give it a stake in a video service co-owned by nine of the world's top clubs.

The Rupert Murdoch-led media giant says Dugout - which counts Barcelona, Real Madrid and Bayern Munich among its owners - has agreed to acquire BallBall, which delivers content including near-live highlights of the world's top leagues to fans in southeast Asia.

News Corp did not give the financial details of the deal but says it will have a minority stake in a new business called Dugout SE Asia, whose board will include senior News Corp executive and former Chelsea media boss Simon Greenberg.

More in National
Login Sign Up

Dummy text