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Comcast makes $65 billion deal for 21st Century Fox

Jun 14, 2018 09:59 IST

Content is king and cable companies are no longer competing with just their satellite partners. A day after court cleared AT&T’s takeover of Time Warner, US cable TV network Comcast has made a $65 billion bid for 21st Century Fox’s entertainment businesses, stepping into the ring with Disney. The showdown over Fox comes as online streaming giants like Netflix seek to overhaul the entertainment industry.

International