https://apnews.com/a1822d6bbd97449f85f2ee6e97c6a1ac

NEW YORK (AP) — In a battle among media giants for control of Twenty-First Century Fox's entertainment business, Comcast has blinked.

The cable and media company said Thursday that it is dropping its bid, instead focusing on its pursuit of the European pay-TV operator Sky. Fox owns 39 percent of Sky and has also been trying to buy the 61 percent it doesn't own.