Telstra is prepared to sell down its stake in a combined Foxtel-FoxSports to facilitate a float of the new business in the coming years, chief executive Andy Penn says.
Lucy Battersby has covered trends, technology and telecommunications since joining The Age in 2008.
News Corp and Telstra are planning to list Foxtel on the stock market and to prepare that move have announced they will merge the subscription television service they jointly own - Foxtel - with News' sports network Fox Sports.
Telstra shares dropped to their lowest price in five years on Thursday after the company announced a "material" reduction in its long-term dividend policy - a move that will affect about 1 million investors.
Seven West Media reported a $745 million loss for the full year due to a $989 million impairment.
Management revealed new details of the Domain demerger as it delivered a $97 million net profit for the full year on Wednesday.
Pauline Hanson's One Nation party has given the government's media reforms "conditional support" in exchange for a $12 million boost to community radio funding and changes to the ABC.
If you are only paying $30 a month for the NBN, don't expect a super fast experience, especially at peak hours, when you are most likely to actually want to use the internet.
Ten's directors knew for at least four weeks before the company's collapse that James Packer was not going to guarantee a new loan, but failed to pass this information on to shareholders.
Digital billboards and new acquisitions have helped push oOh!media's half-year net profit up 18 per cent to $7.1 million, proving predictions that outdoor advertising will grow while print, television, and radio stagnate.
Australians are overwhelmingly unwilling to pay for online news, yet are getting more concerned about the quality of what they read online, according to the latest media habits report by Deloitte.