JackLuis
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Disney to buy Fox from Murdoch after Comcast exits bidding war
Now the question is, Is Hannity really family friendly?
Comcast on Thursday dropped out of a bidding war with Disney for prized film and television operations of Rupert Murdoch’s 21st Century Fox, effectively clearing a path to a new landscape in the media-entertainment world.
The cable and media giant said in a statement it would instead focus on acquiring the European pay TV operator Sky, shifting its stand on how it approaches the latest round of consolidation in the media-entertainment sector.
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The move effectively ensures that Disney will be able to complete its $71.3 billion tie-up with Fox that creates a new powerhouse in the sector as Murdoch slims down his media empire.
“Comcast does not intend to pursue further the acquisition of the Twenty-First Century Fox assets and, instead, will focus on our recommended offer for Sky,” said a statement from the group which is the leading US cable operator and also owns NBCUniversal.
Now the question is, Is Hannity really family friendly?