Comcast


Ampere: Comcast-Sky and Disney-Fox to spend US$43bn on content in 2018

The mergers of Comcast-Sky and Disney-Fox mean that two in every 10 dollars spent on content worldwide will be by one of these two companies, according to Ampere Analysis. The research firm estimates that the combined content spend of the two merged players will reach US$43 billion (€38 billion) by the end of 2018 – […]

Comcast rolls out Amazon Prime Video on X1

Comcast is due to roll out Amazon Prime Video on its Xfinity X1 platform over the next week, giving viewers access Prime movies, TV shows and live events. Amazon Prime Video will be integrated into the X1 guide, letting customers browse the Prime Video catalogue on Xfinity on Demand. Customers will also be able to […]

Murdoch: Fox could look to buy back sports networks

‘New Fox’ the part of 21st Century Fox that will remain following Disney’s acquisition of the bulk of Fox’s entertainment assets, could buy back the US regional sports networks that Disney must sell to secure regulatory approval for the deal, according to Fox executive chairman Lachlan Murdoch. Speaking at the New York Times Dealbook conference […]

Sky’s Darroch to ‘stick around’, outlines post-Comcast priorities

Sky will stay focused on growing “all segments of pay TV” as well as building on its investment in original content and forging partnerships, including with third-party app providers, according to CEO Jeremy Darroch. Taking part in Comcast’s Q3 results call for the first time since the UK cable giant’s successful acquisition of the pay […]

Liberty Global and Comcast back OpenSync initiative

Liberty Global, Comcast and Bell Canada are all backing a new open source software initiative that was unveiled by adaptive WiFi company Plume and Samsung at the Broadband World Forum. OpenSync is a framework that works across gateways, modems, routers, access points, extenders, set-top-boxes, IoT hubs, smart speakers and other WiFi-enabled devices. Based on the Plume Middle […]

Comcast closes Sky purchase, James Murdoch steps down

Comcast has closed its purchase of 21st Century Fox’s holding in Sky, with a 75% share in the company overall. With this 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 […]

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 the UK nearly […]

Comcast closes in on 40% of Sky shares days after US$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. […]

Fox ‘considering options’ as Comcast deals knockout blow for Sky

Sky’s stock has jumped in value after the pay TV operator’s independent board recommended shareholders accept its superior offer in the sealed bidding process carried out at the end of last week, with Fox “considering its options” over its 39% stake in the company. “As the price of the final Comcast Offer is materially superior, […]

Fox extends Sky deadline as sealed auction 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. […]

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