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Comcast drops Fox bid, paving way for sale to Disney

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  • The U.S. Department of Justice has approved Disney's bid as long as Disney, which owns the national sports network ESPN, sells Fox's 22 regional sports networks. Fox shareholders are set to vote on Disney's offer July 27.

    If the deal closes, Disney would get a controlling stake in streaming service Hulu and Twentieth Century Fox film and TV studios. Disney owns Marvel Studios, but some characters including the X-Men had already been licensed to Fox. A sale means the X-Men and the Avengers could reunite in future movies. With Fox, Disney would also have a larger library of movies and shows for a streaming service set to debut next year.

    Ives said Comcast's focus now is on getting Sky "to build a strong beachhead content strategy in Europe."

    Sky operates in Austria, Germany, Ireland, Italy and the U.K. It has 22.5 million customers, attracted by offerings such as English Premier League soccer and "Game of Thrones."

    http://komonews.com/news/tech/comcast-d ... 07-19-2018
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