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The U.S. media giant has offered to buy Britain’s most well-known private broadcaster, reports CNBC. The proposal is sure to be a thorn in the side of Rupert Murdoch, whose 21st Century Fox already owns 39% of Sky and had previously proposed to buy the remaining 61% he does not own. Complicating the matter further […]

Comcast wants to buy U.K.’s Sky for $31 billion

BY Michael Grothaus

The U.S. media giant has offered to buy Britain’s most well-known private broadcaster, reports CNBC. The proposal is sure to be a thorn in the side of Rupert Murdoch, whose 21st Century Fox already owns 39% of Sky and had previously proposed to buy the remaining 61% he does not own. Complicating the matter further is the fact that Disney has agreed to buy assets from 21st Century Fox–including Sky–earlier this year. The interest in Sky is yet another sign of how traditional broadcasters are concerned about growing their user base in an era where streaming services like Netflix are attracting more viewers by the day.

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ABOUT THE AUTHOR

Michael Grothaus is a novelist and author. He has written for Fast Company since 2013, where he's interviewed some of the tech industry’s most prominent leaders and writes about everything from Apple and artificial intelligence to the effects of technology on individuals and society. More


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