Nov 7, 2018
Comcast sets its sights on European pay-TV market
US cable group Comcast has set its sights on the 60 per cent of European households without a pay-TV subscription following the completion of its £30bn takeover of Sky. Mr Roberts said its integration with Comcast had begun, pointing to adverts Sky channels will run for The Grinch, a new animated movie distributed by Comcast's Universal movie studio. We think of Sky as the third leg of the stool along with Comcast and NBCUniversal. "We think of Sky as the third leg of the stool along with Comcast and NBCUniversal. As a standalone business it has always grown. Together with our platform, we are both better as a result." Mr Darroch, who has agreed a new contract with Comcast to stay on as Sky chief executive, said the company would benefit from being part of a larger business "From a capital allocation perspective".
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