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Foxtel, which is owned by Telstra (50 per cent), News Corp and Publishing and Broadcasting Ltd (25 per cent each), reported a profit before tax but after depreciation and interest of $4 million, a $160 million turnaround from the previous year.

Subscriber numbers jumped 10 per cent to 1.13 million over the 12 months to June 30 with most of those subscribing to the most expensive package.

Foxtel will "comfortably" make its forecast of becoming 100 per cent digital by March next year.