×
You will be redirected back to your article in seconds

Comcast May Make Another Bid for 21st Century Fox (Report)

Comcast is considering pursuing 21st Century Fox yet again, according to a report published Sunday night by the Wall Street Journal.

Comcast’s initial bid was rejected by Fox, which instead struck a deal with Disney in December — a $52.4 billion, all-stock deal to acquire 20th Century Fox movie and TV studio, international pay TV properties, and other entertainment and sports assets from Rupert Murdoch’s empire. Comcast’s bid was reportedly higher, in the low $60 billion range, but according to the Journal, it was rejected by Fox amid concerns that such a deal could face antitrust issues.

Comcast had bowed out of the race just before the Disney deal closed. “We never got the level of engagement needed to make a definitive offer,” said Comcast in a statement at the time.

But Comcast executives were known to have strongly considered making a counter bid against Disney when the Disney-Fox deal was first unveiled Dec. 14.

They may well wait a few weeks before a formal bid to see how the AT&T-Time Warner antitrust deal plays out. That trial is scheduled to start in federal court in Washington, D.C. on March 19.

Comcast may ultimately choose to take no further action, according to the Journal, adding that the release of a proxy statement by Fox on the merger process may impact their decision about whether to make a bid.

Comcast declined to comment.

(Pictured: Comcast chairman-CEO Brian Roberts)

More Biz

  • Columbia's Ayelet Schiffman Headed to Island

    Columbia's Ayelet Schiffman Headed to Island Records (EXCLUSIVE)

    Comcast is considering pursuing 21st Century Fox yet again, according to a report published Sunday night by the Wall Street Journal. Comcast’s initial bid was rejected by Fox, which instead struck a deal with Disney in December — a $52.4 billion, all-stock deal to acquire 20th Century Fox movie and TV studio, international pay TV […]

  • Beverly Hilton Wanda Group Hotels Battle

    China’s Wanda Sells Prominent Beverly Hills Property

    Comcast is considering pursuing 21st Century Fox yet again, according to a report published Sunday night by the Wall Street Journal. Comcast’s initial bid was rejected by Fox, which instead struck a deal with Disney in December — a $52.4 billion, all-stock deal to acquire 20th Century Fox movie and TV studio, international pay TV […]

  • Fairfax Media signage outside the Fairfax

    Australia's Fairfax Media Shareholders Approve Nine Entertainment Takeover

    Comcast is considering pursuing 21st Century Fox yet again, according to a report published Sunday night by the Wall Street Journal. Comcast’s initial bid was rejected by Fox, which instead struck a deal with Disney in December — a $52.4 billion, all-stock deal to acquire 20th Century Fox movie and TV studio, international pay TV […]

  • STAR WARS-THEMED LAND MODEL AT D23

    John Williams to Compose New 'Star Wars' Music for Disney Parks Attractions

    Comcast is considering pursuing 21st Century Fox yet again, according to a report published Sunday night by the Wall Street Journal. Comcast’s initial bid was rejected by Fox, which instead struck a deal with Disney in December — a $52.4 billion, all-stock deal to acquire 20th Century Fox movie and TV studio, international pay TV […]

  • Fox Sports NFL Sunday

    AT&T Sets Broad Carriage Renewal Pact With Fox Networks Group

    Comcast is considering pursuing 21st Century Fox yet again, according to a report published Sunday night by the Wall Street Journal. Comcast’s initial bid was rejected by Fox, which instead struck a deal with Disney in December — a $52.4 billion, all-stock deal to acquire 20th Century Fox movie and TV studio, international pay TV […]

  • President Donald Trump talks with Gov.-elect

    Trump Says He'll Work With California to Aid Wildfire Relief

    Comcast is considering pursuing 21st Century Fox yet again, according to a report published Sunday night by the Wall Street Journal. Comcast’s initial bid was rejected by Fox, which instead struck a deal with Disney in December — a $52.4 billion, all-stock deal to acquire 20th Century Fox movie and TV studio, international pay TV […]

  • church set Westworld Paramount Ranch Western

    Park Service Aims to Rebuild Western Town at Paramount Ranch in Two Years

    Comcast is considering pursuing 21st Century Fox yet again, according to a report published Sunday night by the Wall Street Journal. Comcast’s initial bid was rejected by Fox, which instead struck a deal with Disney in December — a $52.4 billion, all-stock deal to acquire 20th Century Fox movie and TV studio, international pay TV […]

More From Our Brands

Access exclusive content