Deals

Comcast Takes On Disney, Fox With $31 Billion Sky Bid

Iger must decide if he wants to own Fox with or without Sky
Comcast’s bid throws a wrench in Fox’s Disney asset deal

Ian Whittaker, Liberum head of European media research, discusses Comcast’s bid for Sky.Source: Bloomberg

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By Joe Mayes and Thomas Seal

February 27, 2018 at 7:32 AM UTC

Updated on

February 27, 2018 at 2:55 PM UTC

This article is for subscribers only.

Your move, Bob Iger.

Comcast Corp. is challenging the chief executive officer of Walt Disney Co. and his plans to take over 21st Century Fox Inc.’s media businesses by swooping in and trying to snag one of the main assets. Comcast made a surprise 22.1 billion-pound ($31 billion) offer Tuesday for U.K. pay-TV company Sky Plc, which Iger has called a crown jewel of the package he’s seeking to buy from Fox.