Tuesday 18 December 2018
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todayonline - 3 month ago

Comcast demonstrates Sky-high ambition in global media shake-up

LONDON/NEW YORK - U.S. cable giant Comcast scored a big win in the scramble for media assets by beating Rupert Murdoch, and his backer Disney, in the battle for Sky with an eye-watering $40 billion bid. It was a great day for Comcast CMCSA.O , Chairman and Chief Executive Brian L. Roberts said of Saturday s auction victory. The U.S. group has had its sights set on Sky SKYB.L , Europe s biggest pay-TV company, ever since Walt Disney Co DIS.N beat it to most of Murdoch s Twenty-First Centu

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