Comcast Has Offered To Buy Fox Media Assets For $65B

By : Entertainment (now)

Published On: 2018-06-14

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01:01


Comcast has offered $65 billion for Twenty-First Century Fox media assets. According to Reuters, the all-cash offer for Fox’s movie and TV studios and other assets including the X-Men franchise opens a war with Walt Disney. Disney had already offered $52 billion in stock for the acquisition. Traditional media companies continue to try and combine distribution as a means of competing with Netflix and Google.

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