Sounds like nonsense buddy
If you dont understand it just say so dude.
Telstra control the sites
Yes. But not the content and the people and equipment that generate that - AFL Media is the organisation that generates that content, that organisation is headquartered at Docklands - and used to have a printing arm for The Footy Record until 2018 when that arm was sold to crocmedia. The two organisations are not the same, but are mutually beneficial. Telstra literally pays for the right to host AFL content and profit from it.
Telstra hosts the AFL.com.au website and is the current digital rights holder. “What the AFL and Telstra agreed to was the AFL setting up a content arm within the AFL to support the live matches that Telstra carries under its rights agreement.”
AFL Media general manager Peter Campbell explains online strategy and broadcast rights
www.mediaweek.com.au
can’t have it both ways where you take Telstra’s money then say your asset is worth the same as the nrl which owns it directly
You can when one asset is effectively a wrapper for another asset, and Particularly when the AFL operation is reported to be one of the largest sporting news bodies in Australia.
this is a valuable asset for rugby league which everyone just ignores the revenue from and it’s value
That probably isnt worth anywhere near as much as you thought based on the NRLS reports.
Thats in part since 2019 the only revenue available concerning digital revenues is digital service revenue which is much less than the digital revenue used to be - like less than a 1/3rd.