FIRST AIRED: April 3, 2018

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Transcript

00:00:00
>> Fox's battle to take over Europe's biggest pay TV group, Sky, may be inching closer to a conclusion. On Tuesday, Fox honcho Rupert Murdoch said the Walt Disney Company, was already moving to purchase several Fox units including it's stake in Sky, could buy Sky's news division, regardless of whether the wider deal goes ahead.
00:00:23
It's an attempt to appease UK regulators that are concerned Murdoch would have an outsized control of British news media if he took control of the greater Sky empire. He already owns the Sun and Times newspapers there. Murdoch's bid for Sky has been stuck in regulatory limbo. It's not yet clear whether giving Sky News to Disney would be enough to satisfy British authorities, but shares in Sky did go up on the news.
00:00:51
A Disney purchase would dovetail with its ownership of American outlet ABC News. Fox and Disney are also fighting a proposed bid for Sky from Comcast, which owns arch rival NBC.