Take context from the input text and decide on the accurate relationship between 'Foxtel' and 'News Corp' from the options provided.
Options: distribution format, stock exchange, product/material produced, owned by

The approach could add a hurdle for News Corp and Foxtel in their efforts to convince the regulator that the deal would not give News and Foxtel effective control over Ten or substantially lessen competition in the market for sports rights and other content.
owned by