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What Sky means for Comcast - Venture Insights

Report Overview

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What Sky means for Comcast

PublisherEnders Analysis.
Publish Date October 3, 2018
Sector Media, Telecom, TV, UK Media.
Company 21st Century Fox, SKY, Walt Disney.

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Comcast’s £30.6 billion acquisition of Sky brings to an end the long-running ownership battle since Disney agreed to tender Fox’s 39% stake to Comcast, also ending the Murdoch Family Trust’s interest in Sky

Comcast’s US domestic cable and global NBCU media businesses complement Sky’s European operation. Sky’s telecoms business is likely to expand, while the TV side should benefit from NBCU’s global distribution might, with greater revenues generated by its original content

Fox’s long-running battle with UK regulators over the public interest dimensions of the proposed Sky acquisition has also ended. Plurality of media is preserved by Comcast’s undertakings to support Sky News for 10 years