Comcast


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 […]

Fox posts offer note for Sky deal

Twenty-First Century Fox has put in an offer document and form of acceptance for its £14 a share offer to buy Sky. The move sees Fox temporarily table plans to make a higher bid than Comcast’s £14.75 offer. The deadline for Fox to set out a revised offer document is September 22. Sky has acknowledged […]

Comcast becomes first US operator to launch Amazon Prime

Comcast has partnered with Amazon in a deal that will establish it as the first US pay TV operator to launch Prime Video integrated into its television platform. Amazon Prime Video is due to launch on Comcast’s Xfinity X1 later this year, allowing viewers to watch Prime Originals like Tom Clancy’s Jack Ryan, The Marvelous Mrs. Maisel […]

Comcast drops bidding war with Disney

Comcast has dropped the bidding war with Disney to acquire assets from 21st Century Fox and will instead focus on the acquisition of Sky. “I’d like to congratulate Bob Iger and the team at Disney and commend the Murdoch family and Fox for creating such a desirable and respected company,” Comcast chairman-CEO Brian Roberts said […]

Comcast ups Sky bid to £26bn as bidding war continues

Comcast has raised its cash offer for Sky to £26 billion ($34 billion) after Fox’s cash bump to £24.5 billion earlier this week. The offer takes Comcast’s bid up to £14.75 per share. The media giant said that its increased offer has been recommended by the Sky Independent Committee of Directors. “The Increased Offer represents […]

21st Century Fox ups Sky bid to £24.5bn

Twenty-first Century Fox has increased its offer for Sky to £24.5 billion (€27.7 billion), outbidding rival Comcast which made a £22.1 billion approach for the pay TV operator earlier this year. Fox’s increased offer of £14 for each Sky share marks a 12% premium on Comcast’s £12.50 per-share offer and is roughly 30.2% higher than the initial […]

Comcast lines up buyers for Fox sports assets

Comcast is lining up potential buyers for 21st Century Fox regional sports networks (RSNs) in an attempt to ease antitrust concerns about a new bid to acquire the majority of Fox’s assets, according to Reuters. The media giant is talking to private equity firms, including Apollo Global Management and Blackstone Group LP, about acquiring the […]

Sky bid heats up for Fox, Comcast

21st Century Fox is expected to receive a green light from culture secretary Matt Hancock to take control of Sky this week, triggering a potential bidding war for the UK-based pay TV operator with Comcast. Hancock’s clearing of the deal is expected to conditional on Fox selling Sky News – most likely to Disney – and […]

Fox sets shareholder meeting to asses Disney offer

21st Century Fox has called a special meeting of stockholders on July 27 to vote on Disney’s amended merger offer for the bulk of Fox’s assets. The Fox board has recommended that shareholders vote in favour of the amended agreement. However, shareholder The Children’s Investment Fund Management (TCI) has reportedly called on Fox chairman Rupert Murdoch […]

US Justice Department approves Disney’s $71.3bn Fox bid

The US Department of Justice (DOJ) has approved Disney’s bid for Fox assets, so long as it divests 21st Century Fox’s 22 regional sports networks. A lawsuit was filed by the DOJ’s Antitrust Division to block the acquisition if the mouse house did not divest Fox’s sports assets. Approval was granted once Disney agreed to […]