The Global Media Weekly for executives and entrepreneurs

Comcast bids $31bn for Fox-managed Sky TV. “Aims to get 50%+”

Broadcast-streaming. At £12.50 per share, significantly ahead of offer (still subject to UK regulatory approval) by 21st Century Fox offer which had accepted a $60bn for itself (less Fox News and Fox Sports). Everything now up in the air. But Disney / Fox may bid higher for Sky (24m subscribers in UK, Germany and Italy). Perils for Rupert Murdoch (creator of Sky TV) of controlling a listed company with ‘only’ 39% shareholding?

Comcast