Richard Freudenstein

Foxtel CEO: no plans to buy Ten

Australian pay TV firm Foxtel is not planning to move for free-to-air rival Network Ten, according to a senior executive. Foxtel CEO Peter Tonagh said there was “not a lot of point” in seeking to expand on the firm’s 13.8% stake in Ten, which it acquired last year. “Free-to-air has a number of challenges,” Tonagh […]

Three new Foxtel channels from beIN

The Sports division of Qatar’s beIN Media is rolling out three HD sports nets on Australian pay TV platform Foxtel. The beIN SPORTS 1, 2 and 3 nets will launch on Foxtel in mid-May. The new services will replace the SD beIn Sports channel, which was a premium option. The new trio of channels will […]

Freudenstein exits Foxtel

Rumours Richard Freudenstein would leave his post as CEO of Australian pay TV giant Foxtel have been confirmed with the news he is exiting “to pursue other interests”. News Corp Australia CEO Peter Tonagh, who was previously Foxtel’s CFO and COO for nine years, will succeed Freudenstein as chief executive. Freudenstein’s departure has been expected […]

Foxtel CEO joins Ten board

Foxtel CEO and managing director Richard Freudenstein has joined the board of Australian commercial channel Ten Network as a non-executive director. This comes after News Corp-backed Foxtel bought into Ten Network Holdings, which was at the time cash-strapped following a period of poor ratings, earlier this year. Freudenstein’s appointment is effective today, and comes as […]

Price cuts boost Foxtel as Netflix surges

Price cuts introduced ahead of Netflix’s Australian launch earlier this year have helped Foxtel increase its subs base to a record level. The News Corp and Telstra-backed pay TV operator reported strong subscriber numbers as profit decreased on the back of its November price cuts. These were introduced ahead of Netflix’s Australian roll out in […]

FX secures Fear the Walking Dead in Oz

Foxtel-operated pay channel FX has bought the upcoming zombie drama Fear the Walking Dead. The show will debut in Australia on Monday, August 24 at 1.30pm, with Foxtel pay TV subscribers with connected iQ set-top boxes or Foxtel Go ale to watch it via the Foxtel Anytime platform. In 2016, Fear will also launch on […]

Foxtel wants ‘flatter structure’, COO exits

Australian pay TV leader Foxtel’s COO, Rohan Lund, is leaving as the News Corp-backed firm seeks a “flatter executive structure”. Lund joined Foxtel in 2013 from Seven West Media, where he was also COO. From September, his duties at Foxtel will be split between an existing financial division, a broadband unit and a new products […]

Watchdog okays Seven, Foxtel SVOD JV

Australian media regulators have given Seven Network the greenlight to acquire half of new streaming service Presto TV and launch a planned JV with Foxtel. Seven revealed its involvement in Presto last year in a joint announcement with pay TV operator Foxtel, but had not been officially given the go-ahead to own its 50% stake […]

Netflix suffers Australian ‘blow’

Weekend press reports in Australia suggest that most of the Hollywood Studios have resisted agreeing content deals with Netflix, which is reportedly planning to roll out its streaming service in the country. Technology and lifestyle website SmartHouse was the first to report that “at least five” of the US majors have not inked programming deals […]

Foxtel conjures up Presto online movie service

Australia’s Foxtel will launch an online subscription movie streaming service. Presto will be priced at A$24.99 (US$23.56) per month and offer the movies pay platform Foxtel has on licence at that time. This will include films from MGM, NBCUniversal, Paramount Pictures, Roadshow Films, Sony Pictures Entertainment, Twentieth Century Fox, The Walt Disney Company, Warner Bros. […]