US cable operator Comcast's bid for Sky threatens Rupert Murdoch's takeover of the UK broadcaster as well as his plans to sell all of 21st Century Fox — except his rightwing US news channel and primary sports network — to Walt Disney. Naomi Rovnick unravels the details of the rival bids and what they signify for the global media industry in conversation with the FT's Matt Garrahan and Arash Massoudi

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