Comcast


Comcast makes firm US$65bn bid for Fox assets

As widely expected, Comcast has made a firm bid for 21st Century Fox’s TV and studio assets following a US court’s rejection of the US Department of Justice’s case against the merger of AT&T and Time Warner. The US cable and media giant has offered US$35 a share in cash for Fox, a 19% premium […]

US judge accepts AT&T Time Warner merger without conditions

A US Federal judge has ruled that AT&T’s US$85 billion acquistion of Time Warner is legal, without placing any conditions on the merger of the telecom and media giants. Shares in Time Warner jumped on the news. US District Court judge Richard Leon urged the US government not to seek a stay in implementing the […]

UK sets scene for Sky bidding war between Fox and Comcast

The UK government has approved 21st Century Fox’s proposed takeover of Sky on the condition that Sky News is divested, clearing the path for a Fox showdown with Sky’s other bidder, Comcast. In a statement to parliament yesterday, UK culture secretary Matt Hancock said that details will now be finalised over how Sky News can be divested “in […]

Fox sets date for shareholder vote on Disney bid

Fox has set a date for a shareholder vote on July 10 to determine the US$52 billion (€45 billion) sale of 21st Century Fox assets to Disney. The move arrives one week after Comcast announced that it is prepared to outbid Disney with an all-cash offer. Fox has said that it could postpone the meeting should […]

Comcast in ‘advanced stages’ of preparing all-cash offer for Fox

Comcast has confirmed that it is considering making an all-cash offer for the Fox assets that have been offered to Disney for US$52billion (€44 billion). In a statement, the corporation confirmed that it is, “considering, and is in advanced stages of preparing, an offer for the businesses that Fox has agreed to sell to Disney.” […]

Boost for Comcast’s Sky bid as Hancock ‘not minded’ to intervene

Comcast has received a boost in its bid for Sky as UK secretary of state for culture, media and sport Matt Hancock has said he is “not minded” to intervene. While the UK Enterprise Act grants Hancock the power to intervene in media mergers on public interest ground, he said that the evidence presented so […]

US top 10 TV providers lost 200k subs in Q1

The top 10 TV service providers in the US lost over 200,000 customers between them in Q1 2018, according to Informitv’s Multiscreen Index. According to the research outfit, there were 373,000 fewer satellite subscribers and 245,000 fewer cable TV customers among the top 10 US providers at the end of the quarter. Over the same […]

Comcast ‘preparing’ potential new bid for Fox

Comcast is reportedly 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 (€50 billion), […]

Comcast makes £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 […]

Netflix extends DreamWorks Animation deal to include Universal properties

Netflix has struck an expanded relationship with Comcast-NBCUniversal-owned DreamWorks Animation in a move that will initially see animated series Fast & Furious debut on the subscription video-on-demand service. Following Comcast-NBCUniversal’s acquisition of DreamWorks Animation in 2016, which pitched Comcast head-to-head with Disney in the kids and family programming market, Netflix said it had expanded its […]

1 5 6 7 8 9 18