Foxtel uses News Corp borrowings to pay debts – The Australian Financial Review

Those loans from News Corp mature in December 2027. In 2018-19 Foxtel paid News Corp nearly $10 million in interest on those loans.
According to Foxtel’s accounts, it had cash worth $32 million as of June 30, 2019.
The financial report said the $500 million…

Click here to view the original article.