Foxtel, now owned by global sports streaming platform DAZN, has cut jobs at sports streaming platform Kayo.
A Foxtel Group spokesperson confirmed the redundancies.
“Transformation at Foxtel Group is not new,” the spokesperson told AdNews.
“We have been focused on efficiency for almost a decade as we successfully transformed our business from being a single pay TV operator to a leader in Australian streaming.
“Most recently, that’s involved changes that align with our recent executive re-shuffle that saw Hilary Perchard take on the responsibility of Kayo Sports and BINGE and well as Foxtel and, now that we are part of DAZN, there are also opportunities that will set us up for success as part of a global company.”
AdNews understands that fewer than ten positions were affected in the latest round of job cuts.
It comes after Foxtel axed about 100 people, mostly from its marketing and engineering teams, last month.
“Our teams have had the difficult task of speaking with a number of highly skilled and highly valued people that will leave the Foxtel Group,” a spokesperson previously told AdNews.
“We are grateful to every team member that has helped us grow the business and put us in the position of strength we are in today.”
Kayo has 1.5 million subscribers in Australia, and streams more than 50 sports, including the NRL, AFL, Formula One, Super Cars, cricket and netball.
DAZN bought Foxtel from News Corp, with a 60% share, and Telstra, in a deal valuing the Australian entertainment cable and streaming business at $3.4 billion.
Ownership transfer was final in early April. Then the integration process was described as phased with Foxtel, which will continue to operate as a standalone business, known as “a DAZN Company”.
It was agreed that Foxtel, Kayo Sports, BINGE, and Hubbl will retain brand identities.
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