News Corp’s Foxtel in Talks with Aussie Ten Network

Reuters: Australian television broadcaster Ten Network Holdings said it is in talks with Rupert Murdoch’s local cable TV operator Foxtel about a potential investment in the struggling free-to-air network. Ten is the only one of Australia’s three commercial free-to-air broadcasters not to have an online streaming service, and a deal with Foxtel could give it instant exposure to Internet platforms that are competing with traditional TV. Foxtel is half-owned by the Australian arm of News Corp. and half-owned by Australian telecoms giant Telstra Corp.