ABC looks to end $4m retransmission deal with Foxtel to ‘meet funding cuts’

The ABC is looking to end a $4m-a-year deal with News Corp-owned Foxtel. The retransmission agreement involves ABC content being broadcast to the subscription-TV platform’s customers.

The renegotiation follows the government’s decision last year to freeze ABC funding from next month, which will cost the public broadcaster $84m over three years. In a statement to Mumbrella, the ABC confirmed that the discussions with Foxtel stem from the fact it is “considering various savings measures to meet funding cuts with minimal impact to our content, services and staff, in accordance with our ongoing obligation to find efficiencies”.