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Real Life (TV Channel)
NXE Australia Pty Ltd, trading as the Foxtel Group, is an Australian pay television company that operates cable television, direct broadcast satellite television, and IPTV streaming services. It was formed in April 2018, superseding an earlier company from 1995. The service was established as a 50/50 joint venture between News Corp's Australian subsidiary (which held a controlling 65% stake) and Telstra (which held the remaining 35%). Since 2025, the company is owned by DAZN. It shares many features with the Sky service in the UK and Ireland – including the iQ box, the electronic programme guide, a similar remote control, and Red Button Active. History Foxtel was established via a joint venture between News Corporation and Telstra in October 1995. It officially launched on 23 October 1995 with 20 channels, including an exclusive 100 hour commission from Artist Services for its Fox channel. In May 1998, Australis Media, the owner of Galaxy, was declared insolvent. Foxtel w ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities.' Most joint ventures are incorporated, although some, as in the oil and gas industry, are "unincorporated" joint ventures that mimic a corporate entity. With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are "''co-venturers''". A joint venture can take the form of a business. It can also take the form of a project or asset JV, created for the purpose of pursuing one specific project, ...
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