What Comcast's purchase of Sky means for the future of the pay-TV platform
It’s official. Sky, the leading pay-TV platform in the UK, is no longer a Murdoch company. The man most closely identified with the launch and development of the film and footie satellite giant, Rupert Murdoch, signalled his departure late last year, when his 21st Century Fox media behemoth agreed to sell most of its pay-TV and Hollywood studio assets, including a 39% stake in Sky, to Disney for $71bn.
Fox clearly preferred the Mouse to a competing approach from US cable and broadcast combo Comcast.