Foxtel
OVERALL |
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Owned |
USA |
Rating |
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Pay television
Subscription television service incorporated in 1995 with 2.8 million subscribers across Australia. Previously a 50:50 joint venture between Telstra and News Corp, in 2018 News Corp's Fox Sports was absorbed by the company, resulting in News Corp owning a 65% stake and Telstra 35%.
Company Ownership
Foxtel Management Pty Ltd | AUS | website | ||||
News Corporation Ltd ![]() owns 65% of Foxtel Management Pty Ltd |
USA | website | ||||
Mass media Operates in USA, UK and Australia in news and information services; book publishing; digital real estate services; cable network programming; and others. Brands include The Wall Street Journal, Dow Jones and HarperCollins Publishers. Brands in Australia include the The Australian, Daily Telegraph (Sydney), Herald Sun (Melbourne), Courier Mail (Brisbane), The Advertiser (Adelaide), Mercury (Tasmania), which with regional newspapers, gives them more than 59% of total circulation of newspapers. They also own Fox Sports Australia, realestate.com.au and Foxtel (50%). The company had 8000 employees in Australia in 2016. | ||||||
Telstra Corporation Ltd ![]() owns 35% of Foxtel Management Pty Ltd |
AUS | website | ||||
Telecommunications services Australia's largest telecommunications company. The company was privatised in stages starting in 1997, becoming fully privatised in 2011. Services include internet access, fixed line and mobile telephony, and pay television (through its Foxtel joint venture with News Corp). |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Foxtel Management Pty Ltd | ||||
Between 2013 and 2018 this company paid $1.2 million tax on a total income of $9.4 billion, earning the number 23 spot on Michael West's Top 40 Tax Dodgers 2020. West calculated which of Australia's largest companies have paid the least tax, or no tax, on the highest incomes using five years of tax transparency data published by the Australian Tax Office.
Source: Michael West (2020) |
This company has been criticised for offensive advertising. In 2022 the Advertising Standards Bureau upheld complaints about a tv ad by this company on the grounds that it breached advertising codes. One scene depicted a woman kicking a man in the testicles. The ad was subsequently discontinued or modified.
Source: Advertising Standards Bureau (2022)
According to the democracyforsale.net website, this company donated $47,650 to Australia's major political parties between 2012 and 2018, as disclosed to the Australian Electoral Commision (AEC).
Source: Democracy For Sale (2018)
This company corporate social responsibility claims on its website in the areas of community, the environment and reconciliation.
Source: company website (2017) |
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News Corporation Ltd | ||||
In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts towards removing commodity-driven deforestation and forest degradation from its direct operations and supply chains. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Forests Score of B.
Source: CDP (2022)
In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of B.
Source: CDP (2022) |
In 2016 this company agreed to pay US$280m to resolve claims that it monopolised the market for in-store promotions at more than 50,000 retail stores across the US. They made a settlement in the Manhattan Federal Court to settle the US$2b lawsuit.
Source: news article (2016)
This company received an S&P Global ESG Score of 39/100 in the Media category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 23 Sep 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2022)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2023 rankings JUST Capital asked a representative sample of 3,002 Americans to compare 20 different business Issues on a head-to-head basis, producing a reliable hierarchy of Issues ranked in order of priority. Issues are organised under the headings Workers, Customers, Communities, the Environment, or Shareholders & Governance. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 589th of 951 companies, and 10th of 15 Media companies.
Source: JUST Capital (2023) |
This company appeared fourth on RepRisk's top ten "most environmentally and socially controversial companies of 2012". Companies on the list were severely criticised during 2012 by the world's media, governments and NGOs. [Listed under Information due to age of report]
Source: RepRisk (2013)
This company has the low score of 10% on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
Source: Human Rights Campaign (2021)
This company received a score of 2.2/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
Source: Newsweek (2017)
According to the democracyforsale.net website, this company donated $41,024 to Australia's major political parties between 2012 and 2018, as disclosed to the Australian Electoral Commision (AEC).
Source: Democracy For Sale (2018)
In 2019 the median pay for a worker at this company was US$64,666. The CEO was paid 228 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
Source: AFL-CIO (2020)
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
Source: We Mean Business (2021)
Forest 500 identifies the 350 companies and 150 financial institutions with the greatest exposure to tropical deforestation risk, and annually assesses them on the strength and implementation of their deforestation and human rights commitments. This company received a score of 42%.
Source: Forest 500 (2021)
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
Source: company website (2018)
Modern slavery disclosure is a critical step in mitigating the risk associated with modern slavery practices in companies' operations and supply chains. The quality of the disclosure signals the level of commitments and efforts that the companies have put in managing these risks. In 2021 the Monash Centre for Financial Studies analysed and ranked the disclosure quality of the modern slavery statements submitted by the 300 largest listed companies on the Australian Stock Exchange (ASX300). This company's modern slavery disclosure statement received a grade of C.
Source: Monash University (2021)
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
Source: Open Secrets (2020) |
Company Details
Type | Joint venture |
Revenue | 3.3 billion AUD (2016) |
Employees | 2,800+ (2017) |
Contact Details
Address | 5 Thomas Holt Drive, North Ryde, NSW, 2113, Australia |
Phone | 13 19 99 |
Website | www.foxtel.com.au |
Products / Brands
Foxtel
Binge Video Streaming Foxtel Now Video Streaming Foxtel Now Media Streaming Devices Kayo Sports Video Streaming |