Report: Comcast Interested In Acquiring Fox Assets
A week after reporting that The Walt Disney Co. was in talks to acquire assets from 21st Century Fox, CNBC is now saying that Comcast has approached Fox about buying assets.
CNBC, owned by Comcast, says like Disney, Comcast is interested in Fox’s entertainment cable networks and movie and TV studio operations.
The talks are ongoing, according to the business news channel.
Neither Disney nor Fox acknowledged the talks during their earnings calls last week.
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Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.