Comcast is preparing bid for Fox TV and movie assets, rivaling Disney's offer [Los Angeles Times (CA)]
Comcast Corporation - Class A (CMCSA)
Last comcast corporation - class a earnings: 4/30 07:00 am
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Source: Los Angeles Times
Comcast is preparing bid for Fox TV and movie assets, rivaling Disney's offer Comcast Corp. is serious about disrupting Walt Disney Co.'s plan to acquire much of Rupert Murdoch's 21st Century Fox. On Wednesday, after weeks of speculation, the Philadelphia cable giant confirmed that it is in the advanced stages of preparing an all-cash offer intended to trump Disney's $52.4-billion stock bid. Comcast said its potential offer would be "superior" to Disney's proposal. The stakes are enormous: The power play could determine which media company — Disney or Comcast — will wind up being the dominant entertainment company in Hollywood and beyond. "While no final decision has been made, at this point the work to finance the all-cash offer and make the key regulatory filings is well advanced," Comcast said in a statement. Comcast already controls internet and cable systems and NBCUniversal, which owns the NBC network, cable TV channels including USA, Bravo, E! and the Golf Channel, the Universa
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CMCSA
Earnings
- 1/25/24 - Beat
CMCSA
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 3
- 4/15/24 - Form 8-K
- CMCSA's page on the SEC website