21st Century Fox increases bid for UK broadcaster Sky in battle with Comcast

21st Century Fox increases bid for UK broadcaster Sky in battle with Comcast

6 years ago
Anonymous $TjsaxHwAP-

https://www.cnbc.com/2018/07/11/21st-century-fox-increases-bid-for-sky-in-battle-with-comcast.html

Rupert Murdoch’s Twenty-First Century Fox said it had secured a deal to buy Britain’s Sky on Wednesday, ratcheting up the pressure on rival bidder Comcast to return with an even higher offer.

The fight to buy the European television group is part of a broader battle being waged in the global entertainment industry as American media giants offer tens of billions of dollars in deals to compete with upstarts like Netflix and Amazon.