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Comcast drops bid for 21st Century Fox assets, cedes prize to Disney

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MUMBAI: The fierce bidding war between Comcast and Disney has finally ended with the former dropping out of the race to gobble up the prized 21st Century Fox assets. Comcast will now shift its focus towards sealing the Sky deal.

“Comcast does not intend to pursue further the acquisition of the Twenty-First Century Fox assets and, instead, will focus on our recommended offer for Sky,” the company said in a statement.

“I’d like to congratulate Bob Iger and the team at Disney and commend the Murdoch family and Fox for creating such a desirable and respected company,” Comcast Corporation chairman and CEO Brian L. Roberts said.

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Last month, the US cable giant made a $65.0 billion offer for the Fox assets, trumping Disney’s original $52.4 billion bid. However, Disney went on to make a counter-offer of $71.3 billion in cash and stock.

Disney has already sought clearance from US department of justice to go ahead of the deal that includes the Twentieth Century Fox film and TV studio, a controlling stake in Hulu, and international properties including Star India.

The Comcast-Disney tussle will go down as one of the most keenly contested battles in the media and entertainment.

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With traditional power players facing challenges from new streaming services and FAANG companies, Fox’s entertainment assets are bound to help Disney prop up its upcoming streaming service as more and more consumers cut chords every day, especially in US.

Recently, following the $32.5 billion offer from Rupert Murdoch’s 21st Century Fox, Comcast also increased its offer valuing Sky at $34 billion. The European Pay TV group is a lucrative option for Comcast to stay relevant outside US.

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Movie Channels

Zee5 launches five free FAST channels on Samsung TV Plus India

New genre-led channels bring comedy, drama, horror, classics and South films to Smart TVs.

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MUMBAI: Zee5 just turned Samsung Smart TVs into a free entertainment buffet because when premium content costs nothing, even the remote control starts smiling. Zee5 has launched five curated free ad-supported streaming TV (FAST) channels on Samsung TV Plus India, making high-quality, genre-specific entertainment available subscription-free to millions of Samsung Smart TV owners across the country.

The five channels now live are:

Zee Comedy Nation – Popular comedy shows and movies
Zee Dil Se – Compelling drama series
ZEE Horror Nights – Horror and supernatural content
ZEE Cine Classic – Timeless Indian films
ZEE South Flix – High-energy South Indian films dubbed in Hindi
All content is drawn from Zee5’s extensive library and programmed in a lean-back, always-on format ideal for large-screen viewing. This launch strengthens Zee5’s Connected TV strategy at a time when 64 per cent of its premium content watch time already comes from connected devices.

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Zee5 chief business officer Siju Prabhakaran said, “At Zee5, we believe accessibility and scale will define the next phase of digital entertainment growth in India. Our presence on Samsung TV Plus strengthens our Connected TV strategy, enabling viewers to discover curated, genre-led content in a seamless, free, and premium environment.”

Samsung TV Plus India head of partnerships Kunal Mehta added, “Local partnerships are at the heart of how we grow Samsung TV Plus in India. Zee Entertainment is one of India’s most iconic media brands, and bringing their channels to our service means millions more Samsung Smart TV owners can enjoy premium local content, subscription-free.”

The channels are available directly through the pre-installed Samsung TV Plus app with no login or subscription required. This marks another milestone in Zee5’s CTV expansion and builds on its growing international presence, with Zee channels already available on Samsung TV Plus across Southeast Asia, Australia and New Zealand.

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In a streaming world where paywalls often block the fun, Zee5 and Samsung have quietly opened the gates, proving that sometimes the best things in life (and on your TV) really are free especially when they come with a side of comedy, drama, horror, classics and South Indian blockbuster energy.

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