BRUSSELS- On Friday, U.S. cable company ‘’Comcast’’ announced in the interview that they are ready to win unconditional EU antitrust approval by its bid to buy European pay-tv company “Sky”.
Sky’s 23 million customers make it an invaluable asset to any media group seeking to better compete against online groups Netflix and Amazon.
The world’s biggest entertainment company is facing competition with Rupert Murdoch’s Twenty-First Century Fox only for “Sky”. The media mogul also bids to buy all of Sky assets, which has been delayed by politicians and regulators who are worried that the power of media group will be enlarged which would be not a good reflection for them.
The European Commission did not respond to the request by the comment for the email which has been scheduled to be decided on Comcast’s offer by June 15. It was cleared without any further conditions of Fox’s bid for Sky in April 2017.
Earlier this week, Britain gave the green signal to Fox’s bid to accept all of the condition provided, it sold off its TV news business. “Fox” now owns about 39% of Sky, which equally operates from Germany, Austria, Italy and Britain.
Murdoch has already agreed partially to sell many of his TV and film assets which also includes “Sky”, to Walt Disney Co in a for a separate $52 billion (£38.7 billion) deal.