Comcast


Disney in talks to sell A+E stake to Hearst

Disney is in talks to sell off part of its stake in A+E Networks to Hearst, its joint venture partner for the network group. The Mouse is looking to sell off its interest in five European cable channels that are part of A+E Networks to the publishing and entertainment company, according to Variety. The news […]

Comcast boss “convincing and relatable” as details emerge of Sky takeover

Comcast boss Brian Roberts has been described as “convincing and relatable” following a town hall presentation at Sky’s Osterley campus on Tuesday (November 6), as more details emerge about the US cable giant’s plans for the business.  Roberts is in London for a few days as part of a major European tour following Comcast’s US$40bn […]

Comcast closes Sky purchase with a majority share

Comcast has closed its purchase of 21st Century Fox’s holding in Sky, with a 75% share in the company overall. With a majority stake Comcast’s ownership now becomes unconditional, with Sky’s listing on the London Stock Exchange set to be cancelled on November 7. In light of the news, James Murdoch has stepped down from […]

TBI Weekly: What’s next for Comcast, Sky and the Murdochs?

As 21st Century Fox walks away from Sky after selling its 39% stake in the business to Comcast, Ampere Analysis research director Guy Bisson predicts that Sky will transform – but don’t expect major changes. Believe it or not, but I was one of Sky TV’s very first employees. Back in the late 1980s while […]

21st Century Fox exits Sky by selling 39% stake to Comcast

21st Century Fox has agreed to sell its 39% stake in Sky to Comcast after the US pay TV giant emerged triumphant from an intense bidding process over the weekend. With the move Rupert Murdoch, who is chairman of 21st Century Fox, cashes out his interest in Sky – a company that he launched in […]

Comcast closes in on 40% of Sky shares days after $39bn bid

Comcast has bought up 36.95% of Sky just days after it dealt a knock-out $39bn bid for the pay-TV broadcaster. As of Wednesday (September 26), the business owns around 635m shares in Sky, according to an official statement from the London Stock Exchange, and is looking to make further market purchases at £17.28 per share. […]

Sky urges shareholders to accept Comcast offer

Sky has advised its shareholders to accept Comcast’s $39bn takeover days after the US telecom giant’s knockout bid for the business. In a statement released on Monday (24 September), Sky said: “As the price of the Comcast Offer is materially superior, it is in the best interests of all Sky shareholders to accept the Comcast […]

Fox extends offer for Sky as auction deadline looms

21st Century Fox has extended its deadline for Sky shareholders to accept its £14 a share offer for the company until October 6, following a similar move by rival Comcast next week. Fox’s move sets the scene for a sealed auction to kick off after the September 22 deadline for Fox to raise its bid. According […]

Disney must offer £14 a share for Sky, says UK’s takeover body

The UK’s Takeover Panel has confirmed that Disney must offer at least £14 a share for Sky if its upcoming acquisition of Fox assets is completed. If Disney completes a deal to by 21st Century Fox’s TV and film assets, which includes a 39% stake in Sky, it will be forced to make an offer […]

NBCU eyes streaming service that pays users to watch

Comcast’s NBCUniversal is considering a new approach to streaming services, where it would launch a service that ‘pays’ users to watch, according to reports. Tentatively titled Watch Back, the service would feature episodes of TV shows from NBCU channels NBC, USA and Bravo as well as those from outside websites, according to a report by […]