If you dont understand it just say so dude.
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.
AFL Media general manager Peter Campbell explains online strategy and broadcast rights
www.mediaweek.com.au
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.
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.