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.

Share:
More In Business
Taylor Swift Movie Sparks Debate About Etiquette at Theaters
Taylor Swift's concert tour has dominated the box office in recent days and it's also the top-grossing concert film of all time here in the U.S. But a conversation on social media raised questions about movie etiquette and videos shared show film audiences singing, shining their phone flashlights and dancing in the aisles.
Load More