Comcast to Disney: "Hi, we're going to buy you out."

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Comcast, like Disney, believes Fox’s assets could help it bulk up in content production, get more exposure to growing international assets like Fox’s Star India, and allow it to increase its stake in online video service Hulu, which is co-owned by Comcast, Disney and Fox. Consolidation in the cable and media industries has pressured companies to explore big transactions.

https://www.wsj.com/articles/comcast-considers-reviving-pursuit-of-fox-after-higher-bid-was-rejected-1518397892

AdamVania (Adam Bruneau), Tuesday, 13 February 2018 14:33 (six years ago) link

four months pass...

welp, that was fast

obviously DLC (Karl Malone), Wednesday, 13 June 2018 20:27 (five years ago) link

i keep getting a poxy fule error when i try to post this tweet, but CNN says:

Comcast bid $65 billion for most of 21st Century Fox. It's a dramatic attempt to beat Disney, which has already reached a $52.4 billion deal for those assets https://cnn.it/2sVT7F6

obviously DLC (Karl Malone), Wednesday, 13 June 2018 20:28 (five years ago) link

i hope comcast and disney can work it out and still make money on both ends, we all love them and depend on them so much as companies, 21st Century Fox too, love to see them get bigger and bigger and work their way toward the one big company that we live within and through

obviously DLC (Karl Malone), Wednesday, 13 June 2018 20:29 (five years ago) link

I'm waiting for Disney to wind up owning Marvel and DC. I hope to not being the comic business then because it will end up being a disaster of epic proportions.

louise ck (milo z), Wednesday, 13 June 2018 20:31 (five years ago) link

I think if you'd asked me at any point in my life since I became able to articulate an opinion what nonexistent movie I'd least like to see produced, I would have said 'a live-action remake of Dumbo directed by Tim Burton'.

Not with a bang but a MAGA (Old Lunch), Wednesday, 13 June 2018 21:43 (five years ago) link


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