News Formal

Comcast outbid Rupert Murdoch in $40 billion Sky deal — and it shows just how much of a threat streaming services are to cable companies

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Comcast beat Rupert Murdoch in a $40 billion bid for Sky, Europe's biggest pay-TV company. The move allows Comcast to open its doors to the European market and access to online video streaming — and some analysts think the deal was driven by the threat of streaming services like Netflix and Amazon.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The threat was that the UK would be subject to a second and more direct propaganda ‘news’ service..they already have the BBC, and thankfully have been spared fox news

South Africa South Africa Latest News, South Africa South Africa Headlines