Take context from the input text and decide on the accurate relationship between 'Foxtel' and 'News Corp' from the options provided.
Options: brand, chairperson, position held, owned by

The AFL took advantage of the NRL rights stoush by moving to cut a big deal with News Corp last week, which is paying $1.3 billion of the record $2.508 billion, six-year contract the AFL has signed with Seven West Media, Foxtel and Telstra.
owned by