Best of the Week: Why Telstra bought into Fetch; the perils of the AFL TV rights deal
Welcome to Unmade, written in London while you were sleeping on Saturday morning.
Happy Independent Bookstore Day.
Today’s writing was done to David Gray’s soundtrack of 2000, White Ladder.
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Wow Tim. You must be rambunctiously optimistic this morning!
“The telco will spend about $50bn on buying a 51% holding in Fetch.”. Not bad for a company valued at around $48b.
Maybe it was those packed and delayed Tube trains, or the crowded pub with no tables that confused you between $b and $m.
Cheers.
Thanks for flagging the typo John – my mistake. Now amended
As I say further down, $50m may look like a bargain. $50bn does not!
Cheers,
Tim – Unmade