Foxtel's "Next Generation Entertainment Streaming Service" to launch next week? | Market Update

  • May 18, 2020 AEST
  • Team Kalkine

Foxtel has pegged “the growth engine” of the subscription TV group to a “next-generation entertainment streaming service” — to launch next week. With the streaming platform’s much-mooted name yet to be confirmed, Foxtel CEO Patrick Delaney said the new streaming service will rival Netflix, Stan and Amazon Prime and brings an exciting new brand to younger streaming audiences.

Copper prices were set for a weekly loss as rising stockpiles and dire economic data around the world hammered home fears that demand will remain weak despite a rebound in Chinese factory activity.

Twelve McDonald's outlets have been closed in Victoria due to a coronavirus-infected truck driver, while the state has announced $2.7 billion to help revive the economy.

#streamingnews #streamingapp #foxtel #kalkine

 


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