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The Guardian | February 27, 2018
Comcast is one of the world’s largest media and telecoms companies, with a market value of $184bn, but it relies on the US for the lion’s share of its revenues. Buying Sky would significantly increase Comcast’s revenues from outside the US from 9% to 25%.Like all traditional media players, Comcast is facing a global battle for the hearts and wallets of viewers against technology rivals including Netflix ($127bn market cap), Apple ($908bn) and Amazon ($736bn)....
Variety | March 07, 2018
The cable giant is gearing up to launch NPR One app on its Xfinity X1 platform, providing access to National Public Radio’s library of news, talk and music programs on TV. Business terms of the deal weren’t disclosed.Comcast will join other internet apps on the X1 platform, including Netflix, YouTube, Pandora and iHeartRadio. According to Comcast, using X1 apps that require internet access will count against subscribers’ Xfinity Internet data-usage caps....
Fierce Cable | July 10, 2018
Comcast has seen the conditions on Disney’s $71.1 billion bid for Fox, and it wants to have buyers lined up for Fox’s regional sports networks as it preps a rival bid.According to Reuters, Comcast is speaking with private equity firms including Blackstone and Apollo, as well as gauging interest from telecoms and media companies toward the RSNs, which could be worth as much as $20 billion. As the report points out, Comcast feels lining up a buyer (or buyers) for the 22 RSNs will help ...
Fierce Cable | July 19, 2018
Comcast has officially ended its bidding war with the Walt Disney Company for 21st Century Fox’s cable and studio assets.In a statement, Comcast said it will not try to top Disney’s $71.3 billion bid for Fox and will instead focus its efforts on buying Sky.“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 company,” said Comcast CEO Brian Roberts in a statement....
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