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The news follows widespread redundancies across the business.
The changes come less than a month after global sports streaming giant DAZN completed its acquisition of Foxtel.
'The vision is to create an ecosystem where Kayo becomes the true home of sport'.
Phil Waugh: 'This is a significant step forward for rugby in Australia.'
News Corp exits majority stake in Foxtel as DAZN plots next chapter in sports streaming.
Ben Kimber: 'We offer an experience for both fans and business no one else can.'
Patrick Delany: 'It’s a very big investment, from the rights through to the way we present this.'
Subscribers were notified of the change on Wednesday afternoon.