🔥 Trending Foxtel Price Hikes Follow Record NRL Deal: What You Need to Know
Question
What is the latest news about Foxtel's price increases and its NRL deal?
AI
Foxtel is set to increase the subscription prices for its Foxtel Plus and Platinum Plus packages by $5 per month, effective from September. This decision comes just days after the company secured a significant share of the National Rugby League (NRL) broadcast rights in a multi-billion dollar deal 1234.
Details of the Price Increase
- Affected Packages: The price increase will apply to Foxtel Plus and Foxtel Platinum Plus subscribers 12.
- Increase Amount: Both packages will see a $5 per month increase 13.
- Effective Date: The new pricing will come into effect from September 12.
- Current Pricing (Foxtel Plus): Foxtel Plus is currently priced at $78 a month on a 12-month plan 1. The new price would therefore be $83 a month.
- Communication to Customers: Foxtel has advised its customers of the impending increase 16.
Connection to the NRL Broadcast Deal
The price hike closely follows Foxtel's involvement in a record-breaking $5.3 billion NRL broadcast rights agreement 59. This deal, which also includes free-to-air broadcaster Nine Entertainment and Sky NZ, secures the broadcast rights for the NRL from 2028 to 2034 10.
- Timing: The announcement of the price increase came barely a week after the confirmation of the $5.3 billion NRL rights deal 9. Some reports indicate it was just days after the deal was announced 34.
- Context: This marks the latest in a series of small but regular price increases for Foxtel subscribers since 2023 6. The move has drawn scrutiny regarding the cost of watching live sports in Australia 5.
- Other Sports Rights: Foxtel also holds AFL rights in conjunction with Seven, under a 2022 agreement that extends until 2031 8.
The decision to raise prices so soon after the NRL deal has led to discussions about how these significant sports broadcasting investments impact consumer costs 5.
Sources
- 1Foxtel price hike - TV Tonight tvtonight.com.au
- 2Foxtel increases prices for Plus and Platinum plans to pay more from ... afr.com
- 3Foxtel Raises Subscription Prices Following Multi-Billion Dollar NRL ... news.ssbcrack.com
- 4Foxtel ups prices 10 days after announcing record NRL deal smh.com.au
- 5Foxtel Raises Prices Days After Landmark $5.3 Billion NRL Rights Deal thesportingbase.com
- 6Foxtel announces price rise as V'landys NRL broadcast deal promise ... au.news.yahoo.com
- 7Foxtel is set to increase its cable TV subscription prices by $5 per ... x.com
- 8Hausse du prix de l'abonnement Foxtel : l'accord de diffusion NRL ... goaustralie.com
- 9Foxtel announces price rise as V'landys NRL broadcast deal promise ... sportingnews.com
- 10ANALYSIS: Ads alone won't cover the record NRL $5.3 billion broadcast ... adnews.com.au
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