News Corp. vs. Comcast
I want to play it like them, too!
Comcast makes $66bn hostile bid for Disney | FT
Comcast unleashed a bold step in the consolidation of the global media business with an announced $66bn hostile bid for Walt Disney.
DirecTV raises stakes in cable war | FT
The new management team at DirecTV, the satellite broadcaster controlled by Rupert Murdoch, yesterday promised to sign up 3m subscribers during the next three years as it raises the stakes in the battle for control of the US television audience.
Chase Carey, the News Corp veteran who is now president and chief executive of Hughes Electronics, DirecTV's parent company, said 2004 would be a year of transformation. He listed a string of priorities designed to make the business more competitive.
What did I say then?
Oil prices hit 21-year highs on Wednesday as fears grew about interruptions to world...
