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Comcast Makes Bid For 21st Century Fox In Big Hollywood Power Play


Comcast made a $65 billion offer for much of the Hollywood holdings of 21st Century Fox. The bid tops the $52.4 billion offer made by Disney last year.

Comcast made a $65 billion offer for much of the Hollywood holdings of 21st Century Fox. The bid tops the $52.4 billion offer made by Disney last year.

Reuters, Mike Blake

The power plays for Hollywood’s biggest studios are coming fast and furious.

Comcast on Wednesday made a $65 billion offer for some of the biggest Hollywood holdings of 21st Century Fox, the global television and entertainment conglomerate controlled by Rupert Murdoch and his family.

The bid by Comcast, the parent company of NBCUniversal, tops the $52.4 billion offer made by Disney for 21st Century Fox in December. And it comes just a day after a federal judge approved AT&T’s $85 billion acquisition of Time Warner.

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