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Sky - Comcast takeover complete

Comcast to compulsorily acquire all shares not already held. (September 2018)

DV
DVB Cornwall West Country (West) Spotlight
Well this should remove the Murdoch's sooner, but hell it's an enormous upset.
:-(
A former member
Well this should remove the Murdoch's sooner, but hell it's an enormous upset.

Why? He going to make alot of money out of this.
LL
London Lite Recently warned London London
Good news for anyone who can't stand the Murdoch's. They shouldn't be too concerned as parent company News UK is expanding their radio business, which can grow if they acquire another radio group such as Bauer.

As for Comcast. So many questions with no answers. First is will NBC's London bureau move to Osterley once their contract with ITN runs out?

This is a good deal for Sky News, With Euronews covering mainland Europe and Sky News covering the UK and Ireland, this will vastly improve news coverage of the continent for NBC News and MSNBC viewers in North America. Ironically for Darren McCaffrey who just left Sky News for Euronews, it's very likely that he'll be back on Sky News covering EU stories alongside their own correspondent.

I don't know much about how Comcast operates in the States, but Sky people will still be in charge, even if they answer to an American CEO. I'd also expect Sky News to maintain editorial impartiality and independence.
DV
DVB Cornwall West Country (West) Spotlight
All the plans were in place for Disney to take C21Fox which would have stabilised content going forwards. Now all of these are shredded and new plans need to be made. Sky's new relationship with NBC should be fascinating on a Sports basis. I suspect that BT et al will be quietly relieved with the added time that the buildout of Comcast flavoured Sky will need.

As for the Murdochs they were set to continue in the short term with Disney, hence the prospect of a quick exit from the UK TV scene.
JA
JAS84 Yorkshire Look North (E.Yorks & Lincs)
Well this should remove the Murdoch's sooner, but hell it's an enormous upset.

Why? He going to make alot of money out of this.

I think you misunderstood him. He means an upset like in betting. When a giant killing happens in football's FA Cup for example. Everyone expected Fox to take over Sky, not Comcast.



Perhaps Comcast had more money to spend, because they failed to take over 21st Century Fox?
LH
lhx1985 Yorkshire Look North (Yorkshire)
Wonder if there are implications down the road for EuronewsNBC English?
LL
London Lite Recently warned London London
Wonder if there are implications down the road for EuronewsNBC English?


Currently Comcast are the second biggest shareholder in Euronews SA. Euronews enables NBC to utilise their journalists and copy for use on NBC News. It'll also help Sky News as well.
FR
freddied056 Meridian (South) South Today
Yes I'm guessing Sky may more likely have a partnership with NBC as opposed to ABC
LL
London Lite Recently warned London London
Lets not forget CNBC in all of this. Biz news provided by them on Sky News?
WA
watchingtv Anglia (East) Look East
Ian King has been on Sky News reporting the story tonight, this must be the first time he has appeared outside of his show on a weekday.
My contribution is small but you are welcome.
IS
Inspector Sands

Why do you prefer Comcast?
You do know Rupert will get alot of money for this.. If Comcast reputation is anything, I think alot of people will leave them since there have a choice, like Sky, cable etc

Comcast does have an awful reputation for their cable/Internet service, but that's in the US where it is a very different market and regulatory system than the US. A lot of places there have no competition for broadband, they won't be able to get away with a bad service here.


The shareholders of Sky will get a lot of money, but that's how investment works (when it's done right of course) . As for the Murdoch family, they're getting a lot of money whatever the outcome. What they get from selling Sky will be small change compared with what they'll get from selling Fox
Last edited by Inspector Sands on 22 September 2018 9:38pm
IS
Inspector Sands
All the plans were in place for Disney to take C21Fox which would have stabilised content going forwards. Now all of these are shredded

Surely they still still are, it's not just going to include Sky?

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