Foxtel is an Australian pay television company, operating a duopoly in cable television, a monopoly in direct broadcast satellite television, and IPTV catch-up services. It was formed in 1995 through a joint venture established between News Corp (FOX) and Telstra (TEL).Foxtel's shareholders are Telstra (50%, through Telstra Media Pty Ltd) and News Corp (50%, through News Corp Australia).