Murdoch Emerges as Big Winner in Comcast, Disney Battle

The transcript discusses a major media M&A deal involving Fox assets, highlighting the strategic moves by Rupert Murdoch and Bob Iger. It covers the implications of the merger agreement, including the potential for Disney to make an offer for Sky. The discussion also touches on the future of media M&A, with companies like Lionsgate and others being potential targets to compete with Netflix.

What are the implications of Disney's merger agreement with Fox regarding negotiations with Comcast?

How might the recent media M&A activities affect the valuation of companies like Discovery?