Comcast Fuels Bidding War for Sky With Fox and Disney
Sara Fischer, media reporter for Axios, talks about Comcast's $31 billion bid for UK broadcaster Sky. Fox has offered $15 billion for the part of Sky that it doesn't already own.
Fischer says this is a play by Comcast to become global. Comcast is the largest cable provider in the United States but currently doesn't have much reach in Europe.
Fischer believes Comcast could actually just be targeting Sky News as a streaming service, rather than Sky as a whole. Netflix should be keeping an eye on any company trying to get into streaming, which Fischer says is just about every media company right now.
Saudi Arabia will extend a cut in the amount of oil it sends to the world after a series of previous reductions by members of the OPEC+ alliance of major producing countries failed to prop up prices.
The first commercial airliner to cross the Atlantic on a purely high-fat, low-emissions fuel flew Tuesday from London to New York in a step toward achieving what supporters called “jet zero."
