Join Now

Sky: Why Disney and Comcast both want to buy the UK broadcaster

Friday - 02/03/2018 12:16

Comcast and Disney are vying to purchase European broadcaster Sky. Analysts say a bidding war could break out.

CNN
CNN

Why all the excitement over Sky? 

It comes down to this: Sky is a solid European business, and it boasts a huge library of exclusive, premium television content. Big American media companies are also trying to get bigger to help fend off challenges from tech upstarts such as Amazon (AMZN) and Netflix (NFLX). 

Disney (DIS) had planned to acquire Sky as part of its deal to buy most of 21st Century Fox(FOX). But on Tuesday, rival US media company Comcast (CMCSA) made a dramatic, unsolicited bid for Sky that could land the prized asset in its shopping cart.

Read More (...)

Source:

Total notes of this article: 0 in 0 rating

Click on stars to rate this article

  Reader Comments

Newer articles

Older articles

Disclaimer

©2018 VidoStream. All Rights Reserved.
Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy.

Archives

T2
T3
T4
T5
T6
T7
CN
Top
You did not use the site, Click here to remain logged. Timeout: 60 second