Comcast will buy pay-TV outfit Sky, beating out Fox with a huge $40 billion offer. Disney, which was to acquire Fox’s stake in Sky along with other assets, will get $15 billion instead. One use for the cash is to invest in video-streaming service Hulu – but Comcast is a shareholder. Jennifer Saba unpacks the story.
from Reuters Video: Breakingviews https://ift.tt/2xKmsov
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