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Merged:-Comcast makes Bid for Sky
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Old 22-07-2018, 10:56   #3061
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Re: Merged:-Comcast makes Bid for Sky

I'm not sure VM will get together with Vodafone now.

When someone on here said that Vodafone has axed their soon-to-launch tv service, I thought that was a prelude to a merger with VM, but since then, LG sold most of their European cable assets to Vodafone except VM.

As for a Comcast purchase of Canal+, I'm not so sure. Sky is the second largest broadband company in the UK, so it's obvious why Comcast is interested in that purchase, but a failing French satellite tv company is less attractive.

I didn't know the French retained the Universal Music company, so that's interesting. On that specific item, Comcast might do a deal with Vivendi, but I don't think they'll be interested in Canal+ though.
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Old 27-07-2018, 21:35   #3062
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Re: Merged:-Comcast makes Bid for Sky

Disney and Fox have had their shareholder vote today and their merger has been approved. Disney will now swallow up the 20th Century film and tv studios, FX Networks, National Geographic channels and a host of other stuff. The merger will be completed by the first half of next year.

We wait to see whether Fox (or Disney) comes back with a higher bid for Sky now. If they do, they need to get the bid in by the 9th August.

https://www.bbc.co.uk/news/business-44987650
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Old 03-08-2018, 20:19   #3063
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Re: Merged:-Comcast makes Bid for Sky

Whether it’s Disney or Comcast who end up acquiring the whole of Sky do people on here think both corporations will invest heavily in Sky in terms of Sports rights and Drama?
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Old 05-08-2018, 13:43   #3064
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Re: Merged:-Comcast makes Bid for Sky

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Originally Posted by carravetta View Post
Whether it’s Disney or Comcast who end up acquiring the whole of Sky do people on here think both corporations will invest heavily in Sky in terms of Sports rights and Drama?
Yes, I don't know whether I would describe such a decision as brave or foolhardy! In my book, it would be an extremely risky decision in view of growing competition from bigger players.
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Old 05-08-2018, 18:46   #3065
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Re: Merged:-Comcast makes Bid for Sky

Both Disney and Comcast are huge companies , add Sky's reach in Europe and they become even bigger.
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Old 05-08-2018, 19:34   #3066
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Re: Merged:-Comcast makes Bid for Sky

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Originally Posted by muppetman11 View Post
Both Disney and Comcast are huge companies , add Sky's reach in Europe and they become even bigger.
Yes, there is no doubt that this will put them in a better position to compete. However, they will be in competition with other very big guys. I think a lot will be at stake in future years with Premiership rights.
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Old 05-08-2018, 19:36   #3067
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Re: Merged:-Comcast makes Bid for Sky

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Originally Posted by OLD BOY View Post
Yes, there is no doubt that this will put them in a better position to compete. However, they will be in competition with other very big guys. I think a lot will be at stake in future years with Premiership rights.
Just like a politician repeat so many times and someone might just believe you.
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Old 08-08-2018, 02:44   #3068
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Re: Merged:-Comcast makes Bid for Sky

As per my above comments, Fox had to say what it was going to do in regards to its bid for Sky by this Thursday. On Tuesday, it formalised its existing bid for Sky which basically gives Fox and Disney additional time to decide whether they will put in a higher bid and they have until the end of September to decide now.

I thought as Disney submitted papers last month stating that Fox needed Disney's permission for a higher bid and the CNBC report on this, it was all over and done with and Comcast had won Sky. I've now completely changed my mind on this for this reason:

Tonight, Disney released its latest earnings report and Bob Iger (Disney's boss) at the beginning of his webcast gushed about Fox's assets he was buying including Sky. The best bit, though, came at the end of the webcast, when in reply to a question about whether Iger was going to pursue Sky or not, he said, "since it's a fluid situation and open matter, we're really not going to comment any further about it. "

Open and fluid, does not mean closed and given up. Expect either a higher Fox offer for Sky in the next six weeks, or a direct bid from Disney.

A few months ago, Iger remarked abut Sky calling it the "crown jewel" in Murdoch's empire.

I don't know who will ultimately get Sky, but if Sky is a crown jewel, it will be fought over viscously by these companies bidding for it. This ain't over yet by a long shot, in my opinion.
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Last edited by Horizon; 08-08-2018 at 02:55.
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Old 08-08-2018, 18:20   #3069
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Re: Merged:-Comcast makes Bid for Sky

Access to millions of customers in Europe and a well run business what’s not to like.
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