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Foxtel sale a Christmas miracle for the Murdochs

⁨9⁩ ⁨likes⁩

Submitted ⁨⁨7⁩ ⁨months⁩ ago⁩ by ⁨Zagorath@aussie.zone⁩ to ⁨australia@aussie.zone⁩

https://www.brisbanetimes.com.au/business/companies/foxtel-sale-a-christmas-miracle-for-the-murdochs-20241223-p5l0cu.html

Archive/non-paywall link.

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Comments

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  • WhatAmLemmy@lemmy.world ⁨7⁩ ⁨months⁩ ago

    For the 1.2 million Australians with a Foxtel subscription

    You mean ~1.2 million boomers?

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  • Salvo@aussie.zone ⁨7⁩ ⁨months⁩ ago

    DAZN (the new owners) are renown for their predatory betting. The only reason they would be buying Foxtel is to profit from sports gambling.

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    • notgold@aussie.zone ⁨7⁩ ⁨months⁩ ago

      I hope the regulator watches them and they get reported if they break any of our rules. Sports betting is a plague on our country

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    • Zagorath@aussie.zone ⁨7⁩ ⁨months⁩ ago

      Interesting business decision, considering all the talk about banning gambling ads lately. Even if it doesn’t happen right now, it seems inevitable that it’ll be done in 10, maybe 15 years tops.

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      • Salvo@aussie.zone ⁨7⁩ ⁨months⁩ ago

        I believe that that is why the bought Foxtel. They can use the platform to lobby to have the Gambling Ad restrictions lifted.

        Since the 1.2M Foxtel subscribers include every* politician, they can create the narrative that the populace want Gambling, and our gullible pollies will fall for it.

        I think that the inevitability is not is inevitable was we would like.

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