ATT/Time Warner Deal paves way for Disney-Comcast battle

[Chef Louis]

Comcast unlikely to raise bid. Focusing on Sky.

 

[cvaska]

If Comcast was going to raise their bid, it would have been a while ago. With the support of the proxy advisors and the Murdochs, this deal is as good as done

 

[Lee Matthews]

I think Comcast is going to go hard to get SKY now. Disney won’t want to be a minority owner so they’ll probably end up selling their 39% share

 

[MommaBerd]

(Cross-posted) Just reported: Comcast will not pursue bid for Fox assets, but will focus on acquiring Sky. Probably not a shocker, but at least it’s been confirmed.

 

[crazy4wdw]

July 27th meeting of Walt Disney Co shareholders to approve Fox deal will be webcast:

https://www.thewaltdisneycompany.com/the-walt-disney-companys-special-meeting-of-shareholders/

 

[cvaska]

Looks like this is a done deal, Disney now holds the allegiance of 21CF’s 2nd largest shareholder

 

[OnSpaceshipEarth]

I'm sure Comcast LOVES and is laughing at the fact that they just made Disney pay almost 20 BILLION dollars more for this!

 

[Phicinfan]

I'm sure Comcast LOVES and is laughing at the fact that they just made Disney pay almost 20 BILLION dollars more for this!

Karma - wait til this deal gets locked and then Disney goes after the rest of SKY and force Comcast to do the same.....

 

[Phicinfan]

Being reported on other sites, that the live stream of the disney vote has Disney voters approving with I believe 98% approval

 

[rteetz]

Merger is expected to be completed in first half of 2019.

 

[Phicinfan]

Also being reported that Fox has also approved, per John Nallen CFO of fox - expect deal to be fully completed sometime in first half of 2019

 

[Phicinfan]

Also being reported that Fox has also approved, per John Nallen CFO of fox - expect deal to be fully completed sometime in first half of 2019

Edit to add @rteetz beat me to it

 

[rteetz]

Neither Iger or Murdoch were at today's meetings.

 

[OnSpaceshipEarth]

Karma - wait til this deal gets locked and then Disney goes after the rest of SKY and force Comcast to do the same.....

Oh, that would be funny!

 

[MikeNamez]

Let all the Nerds Rejoice... They Are Coming Home!

 

[Lee Matthews]

Glad the deal went through. Disney will probably push Avatar a lot more now and while I’m not a fan of the x-men or fantastic four, im glad they are back under one roof

 

[rteetz]

Comcast wins Sky battle

https://www.cnbc.com/2018/09/22/sky-comcast-fox-36-billion-takeover-auction.html

 

[The Pho]

Comcast wins Sky battle

https://www.cnbc.com/2018/09/22/sky-comcast-fox-36-billion-takeover-auction.html

I'll bet Hulu and Marvel rights will be part of the next round in this thing. Comcast will want the rest of Sky and Disney will want full control of the rest of their assets.

 

[Yater123]

They paid 29 billion.....billion..are they crazy...sky tv is never worth anything close to that....people are leaaving in droves anyway because of sky high prices

 

[Lee Matthews]

Fox have sold their 39% of SKY to Comcast today. Seems Disney would rather sell and bring down the cost of what they owe for 21st Century Fox. Worked out at around 15 billion.