Comcast Pursuing Fox In Effort To Survive As Lone “Old Media” Company In 10 Years, Analyst Says [Deadline]

Comcast Pursuing Fox In Effort To Survive As Lone “Old Media” Company In 10 Years, Analyst Says [Deadline]

By Dade Hayes

May 29, 2018 | “Comcast must be looking into the 10-year future,” veteran media analyst Todd Juenger, of Sanford Bernstein, writes, “and has concluded: 1) there will only be a handful of global, entertainment video services, 2) most of those slots are already taken (Netflix, Amazon, Google/YouTube, Facebook?, Apple?), 3) likely only one company from ‘old media’ can make it only that list, 4) that survivor will be whoever acquires Fox, and 5) it would be much more valuable for Comcast, ultimately, to hold that position, than to be a U.S.-only ISP with an orphaned entertainment business.”

Read more on Deadline.

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