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Disney vs Fox vs Comcast: The saga continues

Disney vs Fox vs Comcast: The saga continues

When Twenty First Century Fox (US:FOXA) first tabled it’s all-cash offer for the 69 per cent of Sky (SKY) it did not own, Barack Obama was president, Brits could still shop at Toys R Us and England had the Ashes. A lot has happened during the past 18 months. Sky has passed the time by bulking up its media assets, investing in new content and delivering forecast-beating revenues and profits. Meanwhile, it’s simple management buyout has turned into a transcontinental bidding war as two of the US's biggest media groups battle to bulk up their portfolios to fend off the rising threat of Netflix (US:NFLX).

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