Big Media Catch Daily-Fantasy-Sports Bug – WSJ – Wall Street Journal
Sports subsidiaries of Walt Disney Co., Time Warner Inc. and 21st Century Fox Inc. are jockeying to acquire stakes in nascent digital fantasy-sports businesses.
Media companies want a piece of the latest revenue stream: daily fantasy-sports games played online for cash. What started as a quiet obsession among sports fans has in the past year morphed into a big bet by television-sports networks on investments in online fantasy-sports…
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