FoxTel lost both TLS and NWS $417 million AUD last year as indicated from the NWS and TLS accounts, and that was not the worst of it, TLS had to tip money in, a catastrophic calamity of a deal for TLS IMHO.
It would be difficult for me to find another company in the world that has such a shocker of a loss making JV IMHO but pls DYOR and tell me if you can find another one?
the life support for FoxTel should have been turned off some time ago IMHO.
TLS discredits itself IMHO the longer this loss making charade goes on and now to make it even worse and worthy of ridicule, the ill fated Kayo losing subscribers to only a puny 370,000 from 402,000 last November 5.
Somehow TLS needs to move on from FoxTel, a historical distractions since its privatization that has lost them heaps and not ever looked like earning them anything than significant sole destroying losses IMHO.
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