Description
Australian News Channel Pty Ltd. is an Australian privately held subsidiary of News Corp Australia which owns media properties operating in Australia and New Zealand.
The company owns news broadcasting channel Sky News Australia, its sister channels Sky News Extra and Sky News Weather Channel, New Zealand News Channel (which operates Sky News New Zealand) as well as international streaming service Australia Channel.
The entire company was acquired by News Corp Australia in December 2016. In December 2017, it was reported that News Corp and Telstra were in a carriage dispute over the price Foxtel pays to carry Sky News channels after the existing deal expired at the end of the calendar year, worth over A$30 million per year. News Corp was requesting an increase to the Sky News carriage fee, which has not been raised for more than a decade, while Foxtel co-owner Telstra was opposed. A new deal was agreed upon and transmission was not interrupted.