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"Rare quick-fire auction could settle fate of broadcaster Sky" - http://www.reuters.com/article/us-sky-plc-m-a-auction/rare-quick-fire-auction-could-settle-fate-of-broadcaster-sky-idUSKCN1M019O

I won't apologize for my horrible pun. In all seriousness though, it's fascinating to me that Comcast and Fox are scrambling to retain control of traditional broadcast media in a world where the battle for consumers is being fought over the internet. Both companies seem to want Sky, as the dominant satellite TV service in the UK. But both companies don't want to over pay for it either. Fox and Comcast seem to have their head stuck in the clouds.

Does anyone across the pond have any insights into how important Sky truly is in the UK? I'm not as aware of European markets as I should be, but I'd be surprised if European consumers aren't moving away from traditional TV and into internet streaming services more.



Submitted September 20, 2018 at 08:46AM by Leroy--Brown https://ift.tt/2PRPNUz

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