Foxtel cuts more Kayo jobs after DAZN takeover
Foxtel has cut Kayo’s content production team as new owner DAZN begins reshaping the streamer to maximise its investment.
Foxtel has cut more jobs at its sports streaming service Kayo Sports just weeks after reshuffling its executive ranks and slashing about 100 roles following its acquisition by global sports streamer DAZN.
The latest cuts have mostly affected Kayo’s digital content production staff, according to people familiar with the changes who spoke on condition of anonymity to discuss internal company matters. Fewer than 10 roles are expected to be impacted, one said.
“Transformation at Foxtel Group is not new. We have been focused on efficiency for almost a decade as we successfully transformed our business from being a single pay TV operator to a leader in Australian streaming,” a Foxtel spokesperson told Capital Brief.
“Most recently, that’s involved changes that align with our recent executive re-shuffle that saw Hilary Perchard take on the responsibility of Kayo Sports and Binge and [as] well as Foxtel and, now that we are part of DAZN, there are also opportunities that will set us up for success as part of a global company.”