Comcast Makes Bid For Disney

Comcast is making a hostile bid to take over Disney. “The takeover attempt, if successful, would create one of the world’s largest media conglomerates, along with Viacom, Time Warner and News Corp. Disney owns its film studio, ABC television, the ESPN sports network and the Disney theme parks. Comcast has 21 million cable customers and 7 million Internet broadband customers, half of them acquired when it took over AT&T Broadband 15 months ago.”