Australia's Optus mulls selling sports streaming service to Nine, AFR reports
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 20 2025
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Should l Buy ?
Source: Yahoo Finance
Optus Sport Sale: Optus is reportedly in talks to sell its sports streaming platform, Optus Sport, to Nine Entertainment, which would allow Nine to stream the English Premier League through its service Stan.
Market Context: This potential deal follows DAZN's recent acquisition of Foxtel, enabling it to enter the Australian market with rights to major sports leagues like the AFL and NRL.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
