The big-media consolidation story has seemingly become a little more complicated as Comcast and Verizon are reportedly in the market for Twenty-First Century Fox Inc’s (NASDAQ:FOX) stake in Sky PLC (LON:SKY).
It is almost a year since Fox moved to acquire all the shares in Sky, though as Rupert Murdoch buy-out is in gridlock – with the British government kicking the deal into regulatory review with the UK competition watchdog – other possibilities are apparently on the table.
READ: Sky says it could shut down Sky News if it gets in the way of takeover by Murdoch's Fox
Murdoch has had early stage talks with the two American telecoms and media groups, according to a Wall Street Journal report, though the claims were neither confirmed nor denied by the companies.
Fox stock rose just over 8% in Friday’s premarket dealing, changing hands at US$30.90.