The companies have been in a long-running showdown for the European broadcaster, in which Fox owns 39 percent.

Comcast is likely to be the new owner of Sky, BBC Business Editor Simon Jack has learned.

Comcast, the US media conglomerate, has submitted another offer to buy parts of 21st Century Fox, after getting rebuffed last year in favour of Disney.

- Bob Iger will remain Disney's chairman and CEO through the end of 2021.
- The Disney-Fox deal will give Disney more content when it launches its own streaming service.
- Netflix may lose more content, but the company has already made moves to create more of its own content.

Disney (DIS) is buying a huge chunk of 21st Century Fox (FOX) in a deal that promises to reshape the media industry and help the entertainment giant fend off digital rivals such as Netflix.

Presenter Bill O'Reilly has been dropped from Fox News over sexual harassment claims, the company says.