High Tech > Business

In the battle for Twenty-First Century Fox, Comcast blinks

8 monthes ago   |   By Phys.org

In a battle among media giants for control of Twenty-First Century Fox's entertainment business, Comcast has blinked.
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Comcast concedes to Disney in bidding war for Fox assets

8 monthes ago   |   By Reuters

Comcast Corp dropped its $66-billion bid for Twenty-First Century Fox Inc's entertainment assets on Thursday and said it would press on with its bid for European broadcaster Sky Plc , which Fox partly owns.
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Comcast ends bidding war with Disney for Fox, will focus on Sky - CNET

8 monthes ago   |   By CNET

Fox has already agreed to Disney's $71.3 billion offer for its entertainment assets.
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X-Men Closer To Joining MCU As Comcast Exits Bidding War With Disney

8 monthes ago   |   By GameSpot

It looks like the epic media battle to buy Fox's entertainment assets is nearing its end. It has been reported that Comcast will bow out of the bidding war with Disney, paving the way for the latter studio to take control of properties such as the X-Men, Alien, and Avatar. According to Variety , Comcast will instead focus on buying the European satellite TV provider Sky. With no other company involved in this multi-billion dollar bidding war, it looks certain that Disney will gain control of Fox's entertainment properties. In a statement, Comcast said that it "does not intend to pursue...
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Comcast drops its pursuit of Fox, making way for Disney acquisition

8 monthes ago   |   By TechCrunch

Comcast announced this morning that it's halting its efforts to acquire the film and television assets of 21st Century Fox.
Disney made a deal to acquire those assets last year, but after a district court judge approved the merger of AT&T and Time Warner (despite the antitrust-related objections of President Trump's Department of Justice), Comcast announced another, higher bid .
That, in turn, prompted Disney to make an even higher offer of $71.3 billion. With Comcast dropping out, it seems like this bid will go through - if it can get regulatory approval.
Comcast says that instead of...
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What you need to know in advertising today

What you need to know in advertising today

8 monthes ago   |   By Business Insider

Comcast said Thursday that it no longer intends to pursue its acquisition of some 21st Century Fox assets, handing Disney a victory in their bidding war.
The cable provider said it would instead focus on its fight with Fox for the British broadcaster Sky .
Comcast had entered a bidding war with Disney for some of 21st Century Fox's assets excluding the Fox News and Fox Business channels. Disney raised its offer on June 20 for the assets to $38 a share, or a total of $71.3 billion in cash and stock.
To
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Comcast scraps Fox bid amid takeover battle with Disney

8 monthes ago   |   By Reuters

** Shares of Twenty-First Century Fox and UK's Sky dip after Comcast says abandons bid for Fox assets
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Comcast drops pursuit for Fox assets, to focus on Sky offer

8 monthes ago   |   By Reuters

Comcast Corp said it dropped its pursuit of a group of media assets owned by Twenty-First Century Fox Inc on Thursday and will focus on its offer for European pay-TV group Sky Plc .
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Comcast gives up on buying 21st Century Fox

8 monthes ago   |   By Engadget

The dance between Disney, Fox and Comcast has been complicated over the past few months, but it got a little simpler today. Comcast announced that it is withdrawing its offer to buy the assets of 21st Century Fox, according to CNBC. The company is in...
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Comcast gives up on buying 21st Century Fox assets and leaves Disney as the winner

Comcast gives up on buying 21st Century Fox assets and leaves Disney as the winner

8 monthes ago   |   By The Verge

Comcast has formally withdrawn its competing $65 billion bid to acquire 21st Century Fox, ceding the rights to the entertainment company to Disney's upped $71.3 billion offer. Comcast says it will instead shift all focus to its ongoing efforts to acquire Europe's Sky instead.
Per an official statement from the company , “Comcast does not intend to pursue further the acquisition of the Twenty-First Century Fox assets and, instead, will focus on our recommended offer for Sky.”
Nothing is standing in Disney's way now
Disney first announced its bid for Fox's assets - which include the movie...
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Comcast drops pursuit for Fox assets

8 monthes ago   |   By Reuters

Comcast Corp has dropped its pursuit of a group of media assets owned by Twenty-First Century Fox Inc on which it was bidding against Walt Disney , and instead will focus on its offer for UK TV group Sky , the company said on Thursday.
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Comcast drops out of the $71 billion bidding war for 21st Century Fox assets, handing Disney victory

Comcast drops out of the $71 billion bidding war for 21st Century Fox assets, handing Disney victory

8 monthes ago   |   By Business Insider

Comcast said Thursday that it no longer intended to pursue its acquisition of some 21st Century Fox assets, ending a bidding war with Disney.
The company said it would instead focus on its offer for Sky.
Comcast had entered a bidding war with Disney for some of 21st Century Fox's assets excluding the Fox News and Fox Business Channels. Disney raised its offer on June 20 for the assets to $38 a share, or a total fo $71.3 billion in cash and stock.
"I'd like to congratulate Bob Iger and the team at Disney and commend the Murdoch family and Fox for creating such a desirable and respected...
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