The companies have been in a long-running showdown for the European broadcaster, in which Fox owns 39 percent.
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.
U.S. cable giant Comcast offered to buy Sky for $31 billion in an unsolicited approach, taking on Rupert Murdoch's Fox and Bob Iger's Walt Disney in the battle for Europe's biggest pay-TV group.Newslook
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.
Comcast and Disney are vying to purchase European broadcaster Sky. Analysts say a bidding war could break out.
The Tax Cuts and Jobs Act was finally passed on Wednesday. The bill is unpopular with Democrats and the American people, but AP economic analyst Josh Boak says we might see edits in the coming years. (Dec. 20) AP
The American Customer Satisfaction Index’s latest findings, released Wednesday, reveal that telecom customers quizzed by this project of the University of Michigan still feel kind of blue about their internet access and subscription-TV services.