- Comcast has a mere worldwide presence.
- Sources disclosed that Fox’s international benefit would compose of about 70% of the total value of trade for sale.
- This deal with Fox would provide Comcast more than double international revenue annually.
As Comcast is competing high for the segments of Twenty-First Century Fox, now investors are struggling to find out what does that step mean for the media giants. The NBCUniversal parent is also interested in Fox’s movie studio and cable networks along with its regional sports network.
If measured by the value of the market, Comcast is one of the influential and biggest media associations, but its presence abroad is still small. But this step to earn the expanded international capital of Fox can change the game for Comcast.
This deal with Fox would provide Comcast more than double international revenue annually.
Company’s annual reports, latest 12 months revenue: See image.
According to David Faber of CNBC, the international capital of Fox would comprise about 70 percent of the value of the businesses for sale in the scheduled all stock Comcast deal.
Shares of Comcast closed at 2.5 percent lower on Friday, it might be due to the disclosure of news about the possible deal. However, there was a rise of 6.2 percent in the shares of Fox.
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