Lachlan Murdoch already runs FoxBet which is struggling badly and only live in 4 states while its parent company Fox Corp is caught up in a legal battle with Flutter/FanDuel. Fox Sports is actually ditching talent to ESPN, so I think Rupert who is now in his 90's is actually doing the opposite and moving away from sports - fox is about broadcast content and the world is moving to streaming content.
Snippet of article from March 24, 2022:
Reversal of the trend, page-28
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Last
50.0¢ |
Change
0.010(2.04%) |
Mkt cap ! $165.6M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 50.5¢ | 48.5¢ | $147.0K | 296.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 14872 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 62652 | 10 |
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| Last trade - 11.58am 02/09/2024 (20 minute delay) ? |
| PBH (ASX) Chart |