The Global Media Weekly for executives and entrepreneurs

Comcast wins battle for Sky – finally

Broadcast-streaming. Following Comcast winning the Sky TV auction at the weekend with their full-out £30bn bid, 21st Century Fox and Disney  have confirmed they are selling Fox’s 39% stake in Sky (part of Disney’s Fox acquisition) to Comcast. So Comcast will own Sky outright and become the world’s largest payTV broadcaster. Next big move: Disney’s 2019 launch of its trumpeted Netflix rival. And who will buy or merge with Netflix? Who will buy the UK’s ITV production-strong network?