Fox Sports Leads DraftKings $300 Million Funding Round

Fox Sports has nabbed a stake in daily fantasy-sports startup DraftKings, with the 21st Century Fox-owned programmer leading a $300 million funding round. Fox Sports is paying about $150 million, giving it an 11% take in DraftKings, the New York Times reported. The funding comes on the heels of Fox Sports rival ESPN signing a multiyear deal with... Read more »

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