Foxtel Group's Q3 revenue fell 5% to $455M, with Kayo subscriptions increasing 8% to 1.442M.
Foxtel Group's Q3 revenue fell 5% to $455M, partially offset by a surge in Kayo subscriptions. Total paid subscribers decreased 1% to 4.537M, while streaming subscription revenues accounted for 29% of total circulation and subscription revenues. Kayo increased paid subscribers by 8% to 1.442M, making up two-thirds of Foxtel's user base. Broadcast subscriber churn increased to 13.3%, due to a recent price hike, but broadcast ARPU rose 2% to $85.
May 09, 2024
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