Comcast


Comcast preps Fox offensive with new bid

Comcast isreportedly preparing a new bid for 21st Century Fox. Separately, the US cable and programming giant has notified the European Commission of its bid for Sky, according to reports. According to Reuters, Comcast has asked investment banks to extend a debt facility to the company by as much as US$60 billion, enabling it to make […]

TBI Weekly: Comcast joins the M&A race

This week, Comcast kicked off a bidding war by formally offering £22bn for Sky and subsequently making it very difficult for Rupert Murdoch’s Fox to take full ownership of the TV group. The offer, which trumps Fox’s £19bn bid and has been well received by independent board members at Sky, is Comcast’s move to compete […]

Comcast makes rival £22bn cash bid for Sky

Comcast has made a firm cash offer for Sky that values the pay TV operator at £22 billion (€25 billion), with a commitment to maintain annual expenditure on Sky News for at least 10 years and to establish an independent editorial board for the channel. The announcement, which accompanied Comcast’s Q1 results, puts the US […]

Comcast expands Netflix partnership with new bundle deal

Comcast has expanded its partnership with Netflix, with the US pay TV giant now set to offer Netflix subscriptions as part of new and existing Xfinity packages. Comcast said it will launch a variety of initial offers this month, handling Netflix-related billing so that customers can pay for the bundled offers through a single monthly […]

Acorn TV launches on Comcast’s Xfinity TV

Acorn TV, the largest SVOD service specialising in the distribution of British and international television to the US market, is now available on Xfinity On Demand to Xfinity TV customers nationwide. The launch marks the first time Acorn TV, owned by RLJ Entertainment, has been available on an MVPD (multichannel video programming distributor, eg cable) […]

Fox looks to sell Sky News to Disney

Twenty-First Century Fox has proposed selling Sky News to Disney on completion of its buyout of Sky, in an effort to secure UK regulatory approval for the Sky deal. The suggestion is one of two ‘alternative remedy proposals’ submitted to the UK’s Competition and Markets Authority (CMA), with the second being a legal separation and […]

BBC boss fears threat of digital giants

BBC director general Tony Hall is again attacking the threat of the US-based digital companies to British television. In a speech to BBC staff, Hall will say that major digital firms – which include Facebook, Apple Amazon, Netflix and Google (collectively known as FAANG) – are increasingly dominating global media. This “breaktaking, seismic change” is […]

Netflix strikes Sky deal across Europe

Netflix will be bundled into a new Sky pay TV subscription pack in Europe. Customers with the next-generation, Ultra HD Sky Q box will be able to access the service for the first time. Netflix will launch along with the new subscription pack in the UK and Ireland in the coming year, with the same […]

Comcast threatens Murdoch deal with £22bn offer for Sky

US cable giant Comcast has made a £22.1 billion (US$30.9 billion) bid for Sky, marking a 16% increase on 21st Century Fox’s agreed takeover price for the company. Announcing the offer this morning, Comcast said it is making a superior cash proposal of £12.50 per share and said that the proposed combination would bring attractive […]

NBCU hires Fifty Fathoms production chief

NBCUniversal International Studios (NBCUIS) has hired the head of production at UK prodco Fifty Fathoms, Charlotte Bloxham, to take on the same role. Bloxham will oversee NBCUIS’s scripted productions from UK-based producers Heyday Television, Working Title Television and the core NBCUIS business. At Endemol Shine UK-owned Fifty Fathoms, Bloxham has been head of production since […]

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