US cable giant Comcast on Tuesday said it is now the majority shareholder of pan-European TV satellite company Sky after purchasing 21st Century Fox's 39-percent holding in the group.
As it prepares to take control of British telecommunications company Sky following a tense, months-long bidding war, American cable giant Comcast faces continued doubts about its strategy for content and technology—and ...
Rupert Murdoch's 21st Century Fox said Wednesday it had agreed to sell its 39 percent stake in Sky to Comcast, giving the US cable and media giant full control of the British television giant.
Shares in British broadcaster Sky soared Monday after US cable giant Comcast outgunned Rupert Murdoch's 21st Century Fox in a dramatic auction for the pan-European television operator.
Comcast has emerged as the top bidder for European broadcaster Sky after a rare auction held by British regulators.
Sky's annual net profits have jumped 17 percent, the pan-European television broadcaster said Thursday as US media giants Comcast and 21st Century Fox battle for control of the group.
Comcast is reporting a stronger-than-expected second-quarter profit even as it struggles to keep cable TV subscribers.
Over the last few days, they flew in from all over—Singapore, Munich, Toronto and Los Angeles—and one walked from University City to be there for Comcast Corp.'s new boost-up program for young tech firms.
The Mouse House is getting close to catching the Fox.
Comcast is dropping its bid for Fox's entertainment businesses, paving the way for Disney to boost its upcoming streaming service by buying the studios behind "The Simpsons" and X-Men.