News Corp. (NASDAQ:NWSA) is considering potential options for its Australian pay-TV and streaming business Foxtel after getting some takeover interest. News Corp rose 1.4% on Friday.

“We had no imminent intent to sell Foxtel, but are reviewing potential strategic and financial options for the business with our advisers and engaging with third-parties in light of that external interest,” News Corp CEO Robert Thomson said on the company’s Q2 earnings call on Thursday.

Thomson described the interest in Foxtel as a “significant overture.”

“We have had an overture a significant overdue, which we’re naturally assessing — but let me make absolutely clear that we have full faith in the potential of Foxtel and our talented team at Foxtel who’ve fashioned a world-class viewing experience and created Kayo, which really is the best at streaming platform globally, hence the interest in emulating its success in the U.S,” Thomson added.

News Corp. (NWSA) owns about 65% of Foxtel, while Telstra Group (OTCPK:TLGPY) owns the remainder.

As of June 30, Foxtel’s total closing paid subscribers were nearly 4.7M a 1% increase compared to the prior year, News Corp disclosed in its Q2 results on Thursday.