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Stock impact report

In Beating Disney for Sky, Comcast Remains in the Game [The New York Times]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
Image Brian L. Roberts, who runs Comcast, has been a thorn in Disney’s side all year, and on Saturday, Comcast topped Disney in the fight for control of the British pay-TV company Sky. Credit Credit Tracie Van Auken for The New York Times Sept. 23, 2018 Comcast and the Walt Disney Company have long been rivals. But Brian L. Roberts, who runs Comcast, has recently become the Magic Kingdom’s nemesis in chief. He waged an unrelenting fight for 21st Century Fox over the summer, forcing Disney to pay about $18 billion more than it had planned in order to secure Rupert Murdoch’s entertainment empire. Then, on Saturday, Comcast emerged as the decisive victor in a battle with Disney for control of the British pay-television company Sky. In a deal valued at $39 billion, Comcast bid £17.28 per Sky share, while Fox — bidding on behalf of its soon-to-be owner, Disney — bid £15.67 a share. For Robert A. Iger, Disney’s chief executive, the loss of Sky and its vast Eu Show less Read more
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