Foxtel headsquarters in Sydney.

Billionaire Rupert Murdoch’s News Corp. has agreed to sell Foxtel Group to global sports streaming platform DAZN Group in a landmark deal valuing the Australian pay television service provider at A$3.4 billion ($2.1 billion).

The deal—backed by Ukraine-born billionaire Len Blavatnik—comes weeks after a Nevada court rejected Murdoch’s attempt to amend his succession plan and give control of the family trust solely to his eldest son, Lachlan, after a........

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