Comcast has outbid 21st Century Fox for broadcaster Sky. The two U.S. companies went head-to-head over the weekend in a rare blind auction that saw Comcast emerge as the winner with a $39 billion offer in the third and final round. Sky CEO Jeremy Darroch looks set to receive $65 million following the sale, reports The Times. Sky is Europe’s biggest pay-TV provider, with 23 million subscribers.
Deja vu? Comcast's Sky bid, reminiscent of DirecTV deal, rattles investors https://lnkd.in/dkaUec3
This is fantastic news for our company! Comcast Emerges As Highest Bidder For Sky After Auction https://lnkd.in/gczZQyy
Sky will give Comcast a launch pad for new digital services in an era increasingly shaped by streaming providers such as Netflix and Amazon. https://lnkd.in/eTWxZBP
Looking forward to opening the Paris Spotlight office ??#comcastspotlight
The Worst Company in America buys Sky for 30 Billion Comcast, winner of the Consumerist "Worst Company in America" for appalling service and hating its customers/victims more than ISIS is coming to Britain to bring new standards in unreliability and jaw dropping gouging that will make the worst case scenarios of Brexit and Climate Change look like a small piece of litter in a country you will never visit. Given their past behaviour things Sky customers can look forward to is Comcast charging them for gear they never ordered, debiting accounts for thousands then refusing to give it back, adding lots of random charges to your bill and using its muscle to reduce competition from other suppliers. https://lnkd.in/dCxinRM