DAZN ADVANCES GLOBAL EXPANSION WITH ACQUISITION OF FOXTEL, A LEADING AUSTRALIAN SPORTS AND ENTERTAINMENT MEDIA GROUP
MUNCIE, Ind. (AP) — Payton Sparks scored 20 points off of the bench to lead Ball State past Evansville 80-43 on Saturday. Sparks had five rebounds for the Cardinals (5-6). Jermahri Hill added 13 points while going 5 of 14 (1 for 5 from 3-point range) while he also had eight rebounds and four steals. Jeremiah Hernandez had 12 points and shot 3 of 9 from the field, including 2 for 3 from 3-point range, and went 4 for 5 from the line. Michael Day led the Purple Aces (3-9) in scoring, finishing with 13 points. Evansville also got 11 points and seven rebounds from Tanner Cuff. Gui Tesch also recorded five points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Romania's top court annuls first round of presidential vote won by far-right candidate
Patrica Brown Peckham, 90, was born in Blantyre, Lanarkshire County, Scotland, on Friday, November 9, 1934 to William and Annie Brown. She was of Lithuanian (surname Mayuskas) and Irish (surname Murphy) decent. She was predeceased by her husband of nearly 20 years, Jim Peckham, her parents and her beloved siblings Billy (and wife May), and Eileen (and husband Jimmy) of Cambuslang and Bothwell, respectively. Patsy, as she was known to her family, was a stunningly beautiful woman, and was both a print and runway model in London, England before marriage to her first husband in Hong Kong, China, where her daughter was born. She gave up the glamor of modeling and world travel to be a wife and mother, and was dedicated to her adopted United States on arriving in Dallas, Texas in the late 1950s. On moving to Argyle in the early 1970’s with her new husband, Jim Peckham, she became very active in the community, serving as President of the Republican Women’s Club and on the Denton County Historical Commission where she was instrumental in the contracting for and building of the All-War Veteran’s Memorial on the Courthouse Square in Denton. She was a prolific letter-to-the-editor writer and had hundreds of them published in the Denton Record-Chronicle and Dallas Morning News. She was stunned to hear that her letters were part of the discussion in a political science course at NTSU. As a British Subject, she had to decline to act as a poll worker in a local election and was embarrassed to tell anyone why, so in 1987 she worked to become an American Citizen, an accomplishment that was one of her greatest sources of pride. She was sharp and politically opinionated to the last - watching and commenting on daily events - finding community with those who agreed with her or would engage her in debate. She was most proud however of her children, Pam Riley of Orange, Charles Peckham (Veronica) of Houston, and Jamie Peckham of Aubrey. Her stepson and his wife, Sam and Diane Peckham, were very kind to her and she was most appreciative of them. Her grandchildren are Heather Swartz, Charles Henry Peckham, Kincaid Peckham, and Katheleen Peckham. She also has three great-grandchildren, Korban and Geoffrey Swartz and Peyton Kristian Vaughn. Special thanks to her neighbors, Susan and Garry O’Neal, whose care and kindness in her last days made her transition peaceful. Thanks too to Michelle and other attentive staff of Concho Hearts of Pilot Point whose care and compassion was beyond words. As a Roman Catholic, thank you to the clergy and staff of St. Mark’s of Argyle for providing last rites. There will be a memorial remembrance in Blantyre, Scotland when her ashes are spread at her parents’ resting place.
SYDNEY--(BUSINESS WIRE)--Dec 22, 2024-- News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA: ASX: NWS, NWSLV) announced today that it has entered into a definitive agreement for the sale of Foxtel Group (“Foxtel”) to DAZN Group Limited (“DAZN”), a premier global sports streaming platform. Under the terms of the agreement, shareholder loans in the amount of A$578 million outstanding and owing to News Corp will be repaid in full in cash at closing. Foxtel’s current debt will be refinanced at closing and transfer with Foxtel, and News Corp will hold a minority equity interest in DAZN of approximately 6% as well as one seat on its Board of Directors. Telstra Group Ltd (“Telstra”) will also sell its minority interest in Foxtel, have its shareholder loans of A$128 million repaid, and take a minority stake in DAZN of approximately 3%. The proposed transaction values Foxtel at an enterprise value of A$3.4 billion, representing more than 7x fiscal 2024 Foxtel EBITDA. The agreement follows a strategic and financial review of Foxtel as part of News Corp’s ongoing efforts to optimize its portfolio and simplify the structure of the Company. Under News Corp’s management, Foxtel has become a digital and streaming leader in sports and entertainment. With DAZN’s global reach, industry leading technology and broad content portfolio, the proposed transaction enhances Foxtel’s position as a digital-first, streaming-focused business, led by the current CEO, Patrick Delany, and his world-class management team. The proposed transaction likewise empowers News Corp to further focus on its key growth segments: Dow Jones, Digital Real Estate Services and Book Publishing, while also providing the Company with a shareholding in a larger, global sports streaming and entertainment company with over 300 million viewers across 200 markets. DAZN continues to experience significant growth as it pursues expansion into new markets and across more sports. The transaction, which is expected to close in the second half of fiscal 2025, is subject to regulatory approvals and other customary closing conditions. For News Corp financial reporting purposes, Foxtel will be classified as discontinued operations as of the second quarter of fiscal 2025. “This agreement is a victory for News Corp shareholders, DAZN, and sport fans in Australia and around the world,” said News Corp Chief Executive Robert Thomson. “Foxtel has been transformed into a genuine digital and streaming leader in Australia, and we believe DAZN is the right owner to take the business to the next level with their technological capabilities, global footprint and compelling sports rights. This transaction also allows News Corp to focus on our other growth pillars of Dow Jones, Digital Real Estate and Book Publishing, while benefiting from repayment of our shareholder loans and an improved credit profile. We are proud to be a long-term partner of DAZN and its talented team.” Shay Segev, Chief Executive Officer of DAZN, said: “Australians watch more sport than any other country in the world, which makes this deal an incredibly exciting opportunity for DAZN to enter a key market, marking another step in our long-term strategy to become the global home of sport. Foxtel is a successful business that has undergone a remarkable digital transformation in recent years, and we are confident that our global reach and relentless pursuit of innovation will continue to drive the business forward and ensure long-term success. “We are committed to supporting and investing in Foxtel’s television and streaming services, across both sports and entertainment, using our world-leading technology to further enhance the viewing experience for customers. We are also committed to using our global reach to export Australia’s most popular sports to new markets around the world, and we will continue to promote women’s and under-represented sports. “We’re looking forward to working closely with Patrick Delany and his team, as well as News Corp and Telstra as shareholders in DAZN, to realise our ambitious vision for the future of sport entertainment.” The Chairman of Foxtel, Siobhan McKenna, said the agreement with DAZN was international recognition of the transformation of Foxtel from an incumbent pay TV operator to a sports and entertainment digital and streaming leader. “Over the last seven years the Foxtel team, with the strong support of News, have achieved an extraordinary turnaround in an intensely competitive environment.” Foxtel Group CEO Patrick Delany said: “News Corp’s unwavering support and guidance has seen Foxtel successfully reinvent itself into a dynamic, streaming-led business delivering strong financial performance. We are excited to embark on the next chapter with DAZN, a premier global sports streaming provider, as our new shareholder. DAZN’s backing will enhance our strategy needed, provide access to their global reach, and strengthen the infrastructure and technology to accelerate our transformation. Most importantly, we will continue to be a proudly Australian-based business, led by local management, committed to delivering locally-produced sports and entertainment content for our audiences." Goldman Sachs served as financial advisor and Gibson, Dunn & Crutcher LLP and Allens served as legal advisor to News Corp on the transaction. Forward-Looking Statements This release contains forward-looking statements based on current expectations or beliefs, as well as assumptions about future events, and these statements are subject to factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The words “expect,” “estimate,” “anticipate,” “predict,” “believe,” “potential,” “will,” “should” and similar expressions and variations thereof are intended to identify forward-looking statements. These statements appear in a number of places in this release and include statements with respect to, among other things, the expected timing for the completion of, and the potential benefits from, the sale of Foxtel. Readers are cautioned that any forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Many factors, such as the risks and uncertainties related to the parties’ efforts to comply with and satisfy applicable regulatory approvals and closing conditions relating to the sale, could cause actual results to differ materially from those described in these forward-looking statements. The forward-looking statements in this release speak only as of this date and News Corp and Foxtel undertake no obligation (and expressly disclaim any obligation) to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. About News Corp News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. The Company comprises businesses across a range of media, including: information services and news, digital real estate services, book publishing and subscription video services in Australia. Headquartered in New York, News Corp operates primarily in the United States, Australia and the United Kingdom, and its content and other products and services are distributed and consumed worldwide. More information is available at http://www.newscorp.com . About Foxtel The Foxtel Group is one of Australia's leading media companies with 4.7 million subscribers. Its businesses include subscription television, streaming, sports production and advertising. The Foxtel Group is owned 65% by News Corp and 35% by Telstra. The Foxtel Group's diversified business includes Fox Sports, Australia's leading sports production company, famous for live sports and shows with the best commentators and personalities. It is also the home of local and global entertainment content and continues to be the partner of choice for the widest range of sports and international content providers based on established, long-term relationships, growing streaming audiences, and position as the largest Australian-based subscription television company. About DAZN As a world-leading sports entertainment platform, DAZN streams over 90,000 live events annually and is available in more than 200 markets worldwide. DAZN is the home of European football, women’s football, boxing and MMA, and the NFL internationally. The platform features the biggest sports and leagues from around the world – Bundesliga, Serie A, LALIGA, Ligue 1, Formula 1, NBA, Moto GP, and many more including the 2025 FIFA Club World Cup. DAZN is transforming the way people enjoy sport. With a single, frictionless platform, sports fans can watch, play, buy, and connect. Live and on-demand sports content, anywhere, in any language, on any device – only on DAZN. DAZN partners with leading pay-TV operators, ISPs and Telcos worldwide to maximise sports exposure to a broad audience. Its partners include Deutsche Telekom, Orange, Sky, Movistar, Telenet, Vodafone, and many more. DAZN is a global, privately-owned company, founded in 2016, with more than 3,000 employees. The Group generated $3.2bn in revenue in 2023, having grown its annual revenues by over 50% on average from 2020 to 2023, through diverse revenue streams comprising subscriptions, advertising, sponsorship, and transactional. For more information on DAZN, our products, people, and performance, visit www.dazngroup.com . View source version on businesswire.com : https://www.businesswire.com/news/home/20241222637954/en/ CONTACT: News Corp Corporate Communications Arthur Bochner 646-422-9671 abochner@newscorp.comNews Corp Australia John Connolly +61 417 684 064 jc@jcp.com.auNews Corp Investor Relations Michael Florin 212-416-3363 mflorin@newscorp.comAnthony Rudolf 212-416-3040 arudolf@newscorp.comDAZN Corporate Communications (Hawthorn Advisors) Richard Suchet +44 7824 824943 DAZN@hawthornadvisors.comTelstra Communications Principal Jonathon Larkin +61 0477 310 149 jonathon.larkin@team.telstra.com KEYWORD: NEW YORK AUSTRALIA/OCEANIA AUSTRALIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: GENERAL SPORTS SPORTS PUBLISHING ENTERTAINMENT ADVERTISING ONLINE COMMUNICATIONS MEDIA TV AND RADIO SOURCE: News Corporation Copyright Business Wire 2024. PUB: 12/22/2024 06:04 PM/DISC: 12/22/2024 06:04 PM http://www.businesswire.com/news/home/20241222637954/en
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The Sale of Tractor Tires Market to Reach $29.5 Million Units by 2029 - OEMs Set to Propel Sales Growth - AriztonWASHINGTON — Austin Tice’s entire family visited Washington this week in a show of force to the outgoing Biden administration, asserting they have fresh, reliable information that he is alive and pressing top White House and State Department officials to leverage dramatic changes on the battlefield in Syria to secure a breakthrough in the case of the missing journalist. Tice’s parents, Debra and Marc Tice, have frequently visited the capital to advocate for their son, who went missing as a freelance journalist covering Syria’s civil war in 2012. But this visit was the first of its kind from the entire Tice family since he first disappeared over 12 years ago. Little progress has been made on Tice’s case over those years, spanning three presidents and a transformed Middle East. But a resurgence in Syria’s war over the past month after years of frozen frontlines has created new opportunities and perils for the American, a former U.S. Marine and Texas native. “Today is a day full of emotions. The news that we’re hearing from the Middle East – that kind of thing can unsettle a mom,” Debra Tice told reporters at a press conference at the National Press Club on Friday. “There are all kinds of ways this can go.” She told reporters that the family had a new source telling them that Austin Tice remains alive and healthy. The family is working to be able to share more information with the public, she said. “We have from a significant source that has already been vetted all over our government that Austin Tice is alive – Austin Tice is treated well,” Debra Tice said. Debra and Marc Tice both said the Biden administration is declining to make the new information public. U.S. officials did not immediately respond to requests for comment about the family’s statement. Syria erupted in civil war in 2011 following a brutal crackdown on democratic protesters by the Assad government. Tice traveled to the country to cover the conflict the following year for McClatchy, The Washington Post and other publications. U.S. officials believe he was detained at a Syrian government checkpoint southwest of Damascus on Aug. 14, 2012. A video emerged six weeks after his disappearance purporting to show him in captivity. With assistance from Russia and Iran, the Assad regime was able to push back an array of opposition forces that increasingly fractured throughout the war. The rise of Islamic State in the country also led to an international military offensive in northern Syria that culminated in 2017. Ever since, Assad’s hold on power has appeared stable. But a surprise offensive launched by a united front of rebel forces last month has put Assad’s army on the run for the first time in years. In a span of mere weeks, the Syrian army has retreated from Aleppo, Hama and Homs, cities where Assad spent years fighting to regain control. The offensive is being led by Tahrir al-Sham, a group designated as a terrorist organization by the United States and the European Union. It is not immediately clear how the resurgence of military action in Syria might affect negotiations over Tice. But U.S. officials are watching the developments closely to monitor for any new opportunities to engage on his case, an official told McClatchy. Tice’s family met with State Department officials on Thursday and with National Security Advisor Jake Sullivan on Friday, a White House official confirmed in a statement. “President Biden and his team have worked around the clock, often in partnership with key allies, to negotiate for the release of Americans held hostage or unjustly detained abroad so that they can be reunited with their families, and the administration will continue to do so throughout the remainder of the term,” the official said. Speaking to the press on Friday, Austin Tice’s father, Marc, said that Sullivan told the family the administration had done everything it could think of to reach a breakthrough in his case. But his family believes the government has exerted more effort to secure the release of wrongfully detained Americans in Russia, Venezuela, Iran and Gaza than they have for their son. Similarly, at the State Department meeting, “there were complaints and finger pointing about who is preventing things from happening, and who’s responsible for doing what,” Marc Tice said. “We think this is a time of opportunity, actually, and there’s no time like now to start doing the right thing.” Last month, as Syrian regime lines were collapsing before the rebel advance, the White House said that Assad’s refusal to participate in a political process with the opposition, and his reliance on Russia and Iran, had “created the conditions now unfolding, including the collapse of Assad regime lines in northwest Syria.” “The United States, together with its partners and allies, urge de-escalation, protection of civilians and minority groups, and a serious and credible political process that can end this civil war once and for all with a political settlement,” Sean Savett, spokesperson for the National Security Council, said in a statement. “We will also continue to fully defend and protect U.S. personnel and U.S. military positions, which remain essential to ensuring that ISIS can never again resurge in Syria.” Debra Tice was skeptical of the policy, questioning why the administration would support the rebel advance on Assad forces. Biden officials have made clear they are not a part of the offensive. “I don’t really understand what’s happening in Syria,” she said. “I’m upset by the fact that terrorists are tearing up Aleppo, killing people in Aleppo. I don’t understand that. I don’t understand why our government isn’t running in saying we are not going to allow a terrorist entity to take over Syria.” “There are people feeling like it’s possible this could be Austin’s release. I certainly pray that that’s it,” she added.” Long-stalled talks In August, marking 12 years since Tice’s disappearance, President Joe Biden issued a statement that his administration had “repeatedly pressed the government of Syria to work with us so that we can, at last, bring Austin home.” “The freedom of the press is essential, and journalists like Austin play a critical role informing the public and holding those in power accountable,” Biden said. “We stand in solidarity with Austin, his family, and all Americans wrongfully detained and held hostage abroad. I will continue to do everything possible to advocate for and pursue his release and support his loved ones until he is safely returned home.” In 2022, Biden met with Tice’s parents at the White House and vowed to engage the Syrians directly over Tice. In a statement at that time, the president expressed “certainty” that Assad had held him in Syrian custody, without specifying when, where or in what condition. During the Obama administration, the CIA obtained Syrian government records indicating Tice had at one point been processed through the Syrian court system. Biden’s team had been hopeful the following year that quiet talks with Damascus could produce a breakthrough. But Hamas’ attack on Israel, and the war that followed in Gaza and Lebanon, disrupted the discussions. Officials in the first Trump administration also attempted to directly engage with the Syrians to secure Tice’s release, traveling to Damascus in an effort to do so. But Assad aides refused to acknowledge Tice’s case during that meeting, insisting the U.S. government renew its recognition of Assad as the leader of Syria – and a full withdrawal of U.S. troops in the country there to combat Islamic State – before even uttering his name, U.S. officials told McClatchy. In August, marking the anniversary, Secretary of State Antony Blinken said that Tice had been held in “unknown conditions” and issued a plea to Syria to open an honest dialogue on his case. “For more than a quarter of his life, Austin has been separated from his family and kept in unknown conditions,” Blinken said. “We know the Syrian government has held Austin, and we have repeatedly offered to find a way to bring him home.” “This has gone on for far too long,” Blinken added. “We call on the Syrian government to work with the United States to end Austin’s captivity.” U.S. officials told McClatchy this week that the government’s knowledge of Tice’s condition and whereabouts remain unchanged. ©2024 McClatchy Washington Bureau. Visit mcclatchydc.com . Distributed by Tribune Content Agency, LLC.The AP Top 25 men’s college basketball poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . MOON TOWNSHIP, Pa. (AP) — Alvaro Folgueiras scored 27 points as Robert Morris beat Saint Francis (PA) 90-77 on Saturday. Folgueiras added 16 rebounds, four steals, and three blocks for the Colonials (8-5). Kam Woods added 19 points while shooting 7 for 16 (2 for 6 from 3-point range) and 3 of 7 from the free-throw line while he also had seven assists and three steals. Amarion Dickerson had 16 points and shot 5 of 8 from the field and 5 for 7 from the line. The Red Flash (3-9) were led in scoring by Riley Parker, who finished with 21 points. Saint Francis also got 19 points and three steals from Juan Cranford Jr.. Valentino Pinedo had 14 points. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
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Pope Francis will visit the French Mediterranean island of Corsica in December, days after skipping the reopening of Paris's Notre Dame Cathedral which was ravaged by a fire in 2019, the Vatican said Saturday. Francis, 87, declined an invitation from French President Emmanuel Macron to attend the Notre Dame reopening ceremony in Paris on December 7. He will however head to Corsica's capital Ajaccio for a conference on the Catholic faith in the Mediterranean one week later on December 15, the Vatican said. Some French bishops were "annoyed" by the pope's decision to stay away from the Notre Dame gala, according to one bishop speaking on condition of anonymity. But the head of the Bishops' Conference of France (CEF) Archbishop Eric de Moulins-Beaufort said: "The star of the Notre Dame reopening ceremony is Notre Dame itself." The pope had not wanted his presence to be a distraction from the essential point of the occasion, he added. "It's not a snub aimed at France," said another bishop. Francis's one-day trip to Corsica will be the first papal visit to the island, where 90 percent of its 350,000 population is Catholic, according to the local Church, and religious traditions remain deeply rooted. He will give two speeches, preside over a mass and meet Macron during his nine hours on the island, the Vatican said. "It is a historic event, we will give ourselves the extraordinary means to put on an exceptional welcome for the Holy Father," said Bishop of Ajaccio Francois-Xavier Bustillo said in a video posted on social media. Francis, who will celebrate his 88th birthday on December 17, has been to France twice since becoming head of the worldwide Catholic Church in 2013. He visited Strasbourg in 2014, where he addressed the European Parliament, and last year went to Marseille for a meeting of Mediterranean area bishops, where he met Macron. He has yet to make a state visit to France, one of Europe's main majority-Catholic countries. He is also yet to make state visits to Spain, the United Kingdom or Germany. The Argentine pontiff prefers visiting smaller or less established Catholic communities, from Malta to Mongolia. The Corsica visit was championed by the popular media-friendly Bustillo, who was made a cardinal by Pope Francis in September 2023. "It will not be a state visit, but a pastoral visit. It will be a beautiful moment, a moment of hope and joy," he told AFP. In addition, the head of the Catholic Church is scheduled to be at the Vatican on December 7-8 for a service at which he will create 21 new cardinals. Rescheduling appointments over coming months would appear to be tricky, given the multitude of events due to take place in Rome in 2025, a Catholic jubilee year. Bustillo is one of the active cardinals Francis has appointed in the Mediterranean region, with the pope keen they "work together to meet the specific challenges of the area", a bishop told AFP on condition of anonymity. Those issues include migration, global warming and interreligious dialogue. Corsica will be the 47th overseas visit for Francis and his third this year, after a long tour of the Asia Pacific in early September and a trip to Belgium and Luxembourg the same month. cmk-bur/tw/jmIsraeli Prime Minister has pointed the finger at ‘s stance on Israel as a factor in the recent arson attack on a Melbourne synagogue. The incident has thrust the complex relationship between the two nations into the spotlight, raising questions about diplomatic ties and the broader . What happened to the Melbourne Synagogue? In the early hours of Friday morning, the Adass Israel synagogue in Ripponlea, Melbourne, was targeted in a serious arson attack, according to police. Masked intruders allegedly broke into the building, gutting two of its three structures. Two congregants preparing for morning prayers were inside and had to be evacuated, with one sustaining minor injuries. Police are treating the incident as a potentially targeted attack and have not ruled out terrorism as a motive. The suspects reportedly poured accelerant on the floor and set the building alight before fleeing when discovered. What was Netanyahu’s response to the Melbourne Synagogue attack? Netanyahu directly linked the attack to the Australian government’s recent diplomatic stance towards Israel. In a statement posted to X this morning, he claimed it was “impossible to separate the reprehensible arson attack from the federal government’s extreme anti-Israeli position of the Labor government in Australia”. He specifically criticised calling for Israel to withdraw from occupied Palestinian Territory and condemned the denial of entry to a former Israeli minister. Netanyahu claimed that, “anti-Israel sentiment is antisemitism”. What is Australia’s stance on Israel and Palestine? The Australian government recently joined 157 countries in supporting a non-binding UN resolution regarding Palestinian territories — a shift from previous abstentions. This move has sparked considerable diplomatic discussion including Netanyahu’s office implying that Australia is no longer a “key ally”, per . Deputy Prime Minister of Israel, maintaining Australia’s long-standing commitment to a two-state solution. This week, also confirmed that nearly half of Palestinians arriving on tourist visas have been transferred to humanitarian visas, adding another layer to the current diplomatic landscape. Political and community leaders have universally condemned the synagogue attack. said in a statement that the attack “goes against everything we are as Australians”, while Victorian Premier pledged increased police patrols at a and $100,000 towards rebuilding the synagogue. The investigation is ongoing, with federal police offering full support to Victorian authorities in determining the circumstances and potential motivations behind this alarming incident.