The move sets up a clash with Disney and makes Comcast the first big media company to attempt what is expected to be a spate of new megamergers.
The battle for Twenty-First Century Fox reflects a new imperative among entertainment and telecommunications firms: Get big fast. These companies are amassing ever more programming to better compete with technology companies such as Amazon and Netflix for viewers' attention and dollars.
Comcast's offer shows that it's willing to bet big to try to get its hands on the right content creators and distributors.
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Comcast is making a bold all-cash $65 billion offer for Fox assets, just a day after a federal judge cleared the way for AT&T's takeover of Time Warner.