Comcast drops its bid to acquire Twenty-First Century Fox. Disney will likely purchase Fox’s film and television assets before 2017 is over.
Walt Disney Co has been in talks for the last couple weeks to buy film and television assets from conglomerate Twenty-First Century Fox.
Only days apart, the UK’s largest satellite broadcaster, Sky, and the US’s biggest cable company, Comcast, announced plans to expand their services online.
The UK government’s strategy to encourage investment during a downmarket is allowing firms to acquire valuable assets at deep discounts.
Brazil lost 600,000 subs over the last six months of 2015. It’s no surprise that Netflix’s growth has been spectacular. Sky lost 300,000 in the same period.