Updated with statement from Comcast CEO Brian Roberts, Fox, Sky
Comcast has triumphed in the intense battle to acquire Sky – beating U.S. rival 21st Century Fox to the ‘crown jewels’ of European pay-tv. This comes seven months after the NBC Universal owner swooped in to usurp Rupert Murdoch’s company.
The Hollywood studio paid $40 billion for Sky, a move that saw Comcast CEO Brian Roberts finally outmaneuver Disney boss Bob Iger, who was backing the Fox bid.
“This is a great day for Comcast,” said Roberts in a statement. “Sky is a wonderful company with a great platform, tremendous brand, and accomplished management team. This acquisition will allow us to quickly, efficiently and meaningfully increase our customer base and expand internationally. We couldn’t be more excited by the opportunities in front of us.”
The acquisition now awaits shareholder approval. If a majority of Sky stock holders accept the Comcast offer,...
Comcast has triumphed in the intense battle to acquire Sky – beating U.S. rival 21st Century Fox to the ‘crown jewels’ of European pay-tv. This comes seven months after the NBC Universal owner swooped in to usurp Rupert Murdoch’s company.
The Hollywood studio paid $40 billion for Sky, a move that saw Comcast CEO Brian Roberts finally outmaneuver Disney boss Bob Iger, who was backing the Fox bid.
“This is a great day for Comcast,” said Roberts in a statement. “Sky is a wonderful company with a great platform, tremendous brand, and accomplished management team. This acquisition will allow us to quickly, efficiently and meaningfully increase our customer base and expand internationally. We couldn’t be more excited by the opportunities in front of us.”
The acquisition now awaits shareholder approval. If a majority of Sky stock holders accept the Comcast offer,...
- 9/22/2018
- by Peter White and Dawn C. Chmielewski
- Deadline Film + TV
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