Latest Comcast Corp News

The Mouse chases the Fox: Disney makes $71B counteroffer

Jun. 20, 2018 12:34 PM EDT

NEW YORK (AP) — The mouse is chasing the fox. Disney is offering more than $71 billion for Fox's entertainment businesses in a counterbid to Comcast's nearly $66 billion offer . The battle for Twenty-First Century Fox reflects a new imperative among entertainment and telecommunications firms. They are...

The Latest: Disney counters Comcast with $71.3B bid for Fox

Jun. 20, 2018 11:37 AM EDT

NEW YORK (AP) — The Latest on battle for Twenty-First Century Fox (all times local): 11:35 a.m. Disney is offering more than $71 billion for Fox's entertainment businesses in a counterbid to Comcast's nearly $66 billion offer. The battle for Twenty-First Century Fox reflects a new imperative among...

CBS' '60 Minutes' gathers audience week by week

Jun. 19, 2018 4:08 PM EDT

NEW YORK (AP) — The newsmagazine "60 Minutes" was not television's most popular program this year, but for the 11th consecutive season it had more people who watched at least once during the year than any other non-sports show on TV. The Nielsen company's cumulative measurement of programs may not mean...

Royal Caribbean and Etsy jump while Tailored Brands dives

Jun. 14, 2018 4:31 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday: Royal Caribbean Cruises Ltd., up $5.52 to $113.50 The company said it will pay $1 billion for a 66.7 percent stake in Silversea Cruises. Etsy Inc., up $8.66 to $41.65 The online marketplace said it is raising its fees and also...

Markets Right Now: Retail report lifts US stocks

Jun. 14, 2018 4:09 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are closing mostly higher Thursday as investors cheered strong retails sales growth in May. Comcast gained 4.6 percent and Walt Disney advanced 2.3 percent as the two companies battle for control of...

How Fox's businesses would match up with Disney and Comcast

Jun. 14, 2018 7:43 AM EDT

NEW YORK (AP) — Competing bids from Comcast and Disney for the bulk of Twenty-First Century Fox come as the media landscape changes and companies get more involved in both creating and distributing content. X-Men and other movies from Fox's studios would help beef up Disney's upcoming streaming service....

Comcast-Disney fight highlights shifting media landscape

Jun. 14, 2018 2:06 AM EDT

NEW YORK (AP) — That didn't take long. A day after a federal judge cleared the way for AT&T's takeover of Time Warner, Comcast made a bold all-cash $65 billion offer for Fox assets, setting up a clash with Disney and becoming the first big media company to attempt what is expected to be a spate of new...

Asian stocks slump after Fed signals faster rate hikes

Jun. 14, 2018 12:28 AM EDT

SEOUL, South Korea (AP) — Asian stocks slumped Thursday after the U.S. Federal Reserve raised its key interest rate and said it would pick up the pace of future increases. South Korea's market benchmark tumbled 1.6 percent on the first trading day after a meeting of U.S. and North Korean leaders. KEEPING...

The Latest: Comcast eyes Fox's international business

Jun. 13, 2018 6:45 PM EDT

NEW YORK (AP) — The Latest on Comcast's challenge to Disney for Fox (all times local): 6:45 p.m. Comcast says Fox's international presence is a key reason for its $65 billion offer for parts of the company. That's assuming that it gets full ownership of Sky, which it is bidding for in conjunction with its...

After AT&T's win, here comes the expected Comcast-Fox bid

Jun. 13, 2018 5:07 PM EDT

NEW YORK (AP) — After AT&T-Time Warner comes the deluge. Comcast bid $65 billion for Fox's entertainment business on Wednesday, a day after a federal judge has cleared AT&T's $85 billion takeover of Time Warner. If Comcast succeeds in outbidding Disney for Fox, it would give a major cable...