this post was submitted on 22 Dec 2024
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I gotta ask - why would anyone buy Foxtel. Let alone for 3.4 billion?
Don’t no don’t care. It’s a dying business. But pour one out for foxtels diminishing influence in Australia
Exactly why I wonder why anyone would pay so much for it. And that Fox/Murdoch make out like bandits...again.
But the sooner it dies, the better.
The company the purchased it made its billions of dollars from betting on sports, (or facilitating people who can’t do maths betting on sports).
In-Game Betting is currently illegal in Australia: our Sportsman’s aren’t known for their integrity.