Comcast's $40-billion deal for Sky is all about Netflix (NFLX, CMSA, FOXA, DIS, BSY)

pulse

September 24, 2018 8:15 PM

With the $40 billion acquisition of European broadcaster Sky, Comcast will now strengthen its global footprint in content creation to take on streaming giants Netflix and Amazon.

The deal strengthens its content offerings to take on
The fate of Hulu and Fox's stake in Sky may now be set for possible asset swaps, analysts say.
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We believe it also sets the stage for possible asset swaps," he said. "worth ~$15.5B based on Comcast's offer)

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