21st Century Fox to sell its 39% stake in Sky to Comcast

21st Century Fox to sell its 39% stake in Sky to Comcast

7 years ago
Anonymous $oIHRkISgaL

https://phys.org/news/2018-09-21st-century-fox-stake-sky.html

Fox, which is in the process of selling key media-entertainment assets to Walt Disney Co., said in a statement that Disney had agreed to the sale of the stake, worth an estimated $15 billion.

The agreement ends a long-running battle for control of Sky by Murdoch in the face of resistance by British regulators and firms up the new landscape in the sector with Comcast in control of Sky and Disney set to expand its footprint with television and film assets from Fox.

21st Century Fox to sell its 39% stake in Sky to Comcast

Sep 26, 2018, 4:27pm UTC
https://phys.org/news/2018-09-21st-century-fox-stake-sky.html > Fox, which is in the process of selling key media-entertainment assets to Walt Disney Co., said in a statement that Disney had agreed to the sale of the stake, worth an estimated $15 billion. > The agreement ends a long-running battle for control of Sky by Murdoch in the face of resistance by British regulators and firms up the new landscape in the sector with Comcast in control of Sky and Disney set to expand its footprint with television and film assets from Fox.